Analysis of Global Power Market
Analysis of China's Power Operation Market
Production Level of Major Fuels (3/3)
Production Volume of Natural Gas, China, 2013-2018
Billion Cubic Meters
180
161.0
160
CAGR:+7.4%
147.4
136.8
140
127.1
123.4
120
112.9
100
60
80
60
40
20
20
0
2013
2014
2015
2016
2017
2018
Highlights
During 2013 to 2018, production volume of
natural gas in China exhibited a rapid increase,
from 112.9 billion cubic meters in 2013 to 161.0
billion cubic meters in 2018, representing a
CAGR as high as 7.4%.
Driven by the nationwide trend towards clean
energy consumption, natural gas industry has
expanded considerably in recent years, with
widening applications and increasing penetration
into people's daily life and industrial
manufacturing processes. Under the
circumstances that the domestic power
generation structure is continuously optimising
and the urgency of building up low-carbon-
emission power generation system, the
exploration of natural gas is to accelerate, to
replace some fossil resources such as coal and
fossil oil.
FROST
&
SULLIVAN
Source: Frost & Sullivan
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