Natural Gas Pipeline Industry Will Reach a New Level in China

According to the words of Zheng Lixin -- vice chairman of China Center for International Economic Exchanges, natural gas will play an irreplaceable function in future energy structure, natural gas consumption steps into a fast-rising period, which is a great good news for natural gas pipes & fittings company and gas pipe fittings installation company.

Government’s spirit of “comprehensively deepen reform” has already conveyed, while oil & gas reform carries out slowly, which is bad for achieving the goal of 0.36 trillion cubic meter natural gas consumption amount to 2020. China has formulated policy to give great impetus to oil & gas reform. Natural gas pipes & fittings company and gas pipe fittings installation company need to be ready at all times to welcome market’s challenge.

At present, natural gas market has the problem of seriously undersupply, much reform barrier and single industry chain, it’s essential for natural gas pipes & fittings company and gas pipe fittings installation company to know these shortages.

Natural Gas Pipe Fittings

Natural gas in short supply is the biggest problem

At the international symposium of energy structure adjustment and atmospheric pollution treatment in 2016, many Chinese experts think natural gas is in seriously short supply. During 13th Five period, industrial haze treatment is the primary task for environment, resource, energy conservation and emission reduction, which is a powerful support of natural gas industry development. The process of natural gas replace coal will develop rapidly, can natural gas pipes & fittings company and gas pipe fittings installation company see their bright future?

Oil & gas reform needs to speed up in barrier clearance

Slow natural gas market-oriented reform, monopoly of exploration and development, imperfection pipe network system of natural gas pipe fittings, insufficient urban emergency gas storage equipment, potential safety hazard of gas supply, that all influenced reform schedule. What counts is giving energy commodity property in China’s energy resource reform, let market economy and market rule play a decisive role in resource allocation. Only achieve these two can leave a big market for natural gas pipes & fittings company and gas pipe fittings installation company.

Strive to build “X+1+X” natural gas industry chain

As for how to push China’s natural gas development, Mr. Zheng believes that it should emphasis on solving the supply problem. Strive to build “X+1+X” natural gas industry chain: the first “X” means the diversification of upstream natural gas market and natural gas atmogenic, “1” means the uniqueness of midstream natural gas delivery system, the second “X” means the diversification of downstream natural gas market ration and terminal client diversification. Natural gas pipes & fittings company and gas pipe fittings installation company plays an important role in the chain.