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China' CNPC plans to build 23 new gas storage facilities

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Staff Writer | February 17, 2019
China National Petroleum Corp. plans to build 23 new gas storage facilities and expand 10 existing ones by 2030, with working gas capacity exceeding 15 billion cubic meters.
CNPC
Asia   The move comes amid the country's efforts to tackle environmental pollution
The move aims to meet the increasing demand for gas in the world's second-largest economy, following a harsh winter that saw a supply squeeze, partly due to storage shortfalls.

The move comes amid the country's efforts to tackle environmental pollution.

China has been promoting efficient, large-scale use of natural gas in the industrial fuel, gas-fired power and transport sectors.

The country aims to make natural gas consumption account for around 10 percent of the country's energy mix by 2020 and 15 percent by 2030.


 

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