2014Natural Gas Technology and EconomyRequires access

Natural Gas Strategic Reserves in Foreign Countries and Its Enlightenments and Suggestions for China

HU Aoli

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Abstract

Based on investigation and study of natural gas strategic reserves status nowadays in some developed countries such as USA or Europe countries involving details of measures, methods, establishment, implementation status and development trend, to combine current status and prospect of natural gas resource supply, infrastructure construction and market supply and demand in China, the viewpoints is proposed as follow: China's natural gas strategic reserve should be established gradually with relevant premises are growing mature, which includes natural gas supply and demand are basically equilibrium, the market tends to be mature, storage infrastructures and system mechanism of natural gas reserve are getting continues improvement. It would be a long term project. In addition, suggestions are proposed for establishing natural gas reserves system mechanism and national natural gas strategic reserves.

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What this paper is about

Based on investigation and study of natural gas strategic reserves status nowadays in some developed countries such as USA or Europe countries involving details of measures, methods, establishment, implementation status and development trend, to combine current status and prospect of natural gas resource supply, infrastructure construction and market supply and demand in China, the viewpoints is proposed as follow: China's natural gas strategic reserve should be established gradually with relevant premises are growing mature, which includes natural gas supply and demand are basically equilibrium, the market tends to be mature, storage infrastructures and system mechanism of natural gas reserve are getting continues improvement. It would be a long term project. In addition, suggestions are proposed for establishing natural gas reserves system mechanism and national natural gas strategic reserves.

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Available abstract

Based on investigation and study of natural gas strategic reserves status nowadays in some developed countries such as USA or Europe countries involving details of measures, methods, establishment, implementation status and development trend, to combine current status and prospect of natural gas resource supply, infrastructure construction and market supply and demand in China, the viewpoints is proposed as follow: China's natural gas strategic reserve should be established gradually with relevant premises are growing mature, which includes natural gas supply and demand are basically equilibrium, the market tends to be mature, storage infrastructures and system mechanism of natural gas reserve are getting continues improvement. It would be a long term project. In addition, suggestions are proposed for establishing natural gas reserves system mechanism and national natural gas strategic reserves.

Key concepts: Natural gas, China, Supply and demand, Viewpoints, Natural resource economics, Business, Natural resource, Nature reserve

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