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The applications for its use are likewise very diverse: power generation, public transportation, use as an industrial fuel and a chemical material, etc. |
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So natural gas has recently enjoyed a greater role as a new generation fuel. |
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In 2007, the total volume of global LNG trade reached 172 million tons, 8% higher than in 2006. |
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From 2003 to 2006, the global trade developed rapidly with annual increase of 8.3%, higher than the 5.7% annual increase of global Pipeline NG trade in the same period. |
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In China, natural gas consumption accounts for 3% of the total energy demand. |
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Following the operations of a series of gas applications projects, such as Shan-Jing Gas Pipeline Project Phase I & II, West Gas Transmission East Project and Zhong Wu Pipeline Project, Se Ning Lan Pipeline Project. |
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The application of natural gas is expected to further expand. NDRC has estimated that natural gas consumption will rise by 6%-8% over the next five years. |
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