China's natural gas reserve capacity is expected to double on the basis of 2021 by the end of the 14th Five-Year Plan

At 3 PM on July 27, the State Council Information Office P.R.C held a press conference.
 
At the meeting, Zhang Jianhua, director of the National Energy Administration, introduced that on the domestic front, the overall security and stability of domestic energy supply has strongly supported the demand for high-quality economic and social development and people's livelihood.
 
Since the construction of the natural gas production, supply, storage and marketing system was accelerated in 2018, the scale of gas storage in China has been rapidly increased, doubling in more than three years. At present, the gas injection progress of our underground gas storage is well executed, and the full storage and full operation can be ensured before the heating season. At the same time, we focus on research and formulate the national gas storage capacity construction implementation plan, it is expected that by the end of the 14th Five-Year Plan, China's natural gas reserve capacity is expected to double on the basis of 2021.
 
In terms of international cooperation, we are committed to strengthening coordination with relevant energy producing and consuming countries and relevant parties through communication, dialogue and cooperation, working hard to ensure the safe and stable operation of the four major oil and gas import routes in the northeast, northwest, southwest and offshore areas, and jointly safeguarding the security and stability of the global energy market. In the first six months of this year, China imported 250 million tons of crude oil, 74.4 billion cubic meters of natural gas, 115 million tons of coal and 2.96 billion kilowatt-hours of electricity.

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