To fully exert the important role of natural gas in building a modern energy security system in China: An understanding of China's National l3th Five-Year Plan for Natural Gas Development
Zhen Wang, Qing Guo Xue
Abstract
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Zhen Wang, Qing Guo Xue
Abstract
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Along with the introduction of 13th Five-Year Plans in succession for natural gas development programmed by governments at all levels and much more attention paid to haze governance by relevant departments, natural gas, as one of the major energy sources, has ushered in a strategic opportunity era. In view of this, based upon China's National 13th Five-Year Plan for Natural Gas Development formulated by the National Development and Reform Commission, the developing trend of natural gas sector was predicted in the period of 13th Five-Year Plan in terms of supply side, demand side, pricing system, infrastructure construction, etc. and some feasible proposals were made on the whole industrial chain. In terms of the supply side, natural gas will be of availability, accessibility, assurance, affordability, and accountability in the production and supply chains. In terms of the demand side, air pollution treatment will indirectly stimulate gas consumption increase. Gas power generation will become the dominant. Natural gas as a transportation fuel will bring a good new opportunity. Thus it is believed that as the present natural gas development is restricted by both gas pricing system and infrastructure construction, further reform should be strengthened to break the barriers of systems and mechanisms; and that due to many uncertainties in the natural gas market, the decisive role of market in the resource allocation should be fully exerted to ensure the main force of natural gas in building a dependable energy strategic system in present and future China.
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Along with the introduction of 13th Five-Year Plans in succession for natural gas development programmed by governments at all levels and much more attention paid to haze governance by relevant departments, natural gas, as one of the major energy sources, has ushered in a strategic opportunity era. In view of this, based upon China's National 13th Five-Year Plan for Natural Gas Development formulated by the National Development and Reform Commission, the developing trend of natural gas sector was predicted in the period of 13th Five-Year Plan in terms of supply side, demand side, pricing system, infrastructure construction, etc. and some feasible proposals were made on the whole industrial chain. In terms of the supply side, natural gas will be of availability, accessibility, assurance, affordability, and accountability in the production and supply chains. In terms of the demand side, air pollution treatment will indirectly stimulate gas consumption increase. Gas power generation will become the dominant. Natural gas as a transportation fuel will bring a good new opportunity. Thus it is believed that as the present natural gas development is restricted by both gas pricing system and infrastructure construction, further reform should be strengthened to break the barriers of systems and mechanisms; and that due to many uncertainties in the natural gas market, the decisive role of market in the resource allocation should be fully exerted to ensure the main force of natural gas in building a dependable energy strategic system in present and future China.
Key concepts: Natural gas, Business, Development plan, Energy supply, China, Energy security, Consumption (sociology), Environmental economics