Gas tipped for bridge role in China’s energy plan
30 November 2016
China Huaneng Group’s gas-fired power station in Beijing. Power is a growth sector for gas. (Huaneng)
Details of China’s latest five-year plan for energy development, disclosed by an industry official, underline Beijing’s intent to beef up gas use – with price liberalisation, imports and storage among the blueprint’s highlights.
The 13th Five-Year Plan (FYP) for energy development targets gas use of 350 billion cubic metres per year and for the fuel’s share of China’s energy consumption to reach 9.6% by the end of 2020, according to He Yongjian, deputy director of planning at the National Energy Administration. He was speaking at the China Oil and Gas Reform and Development Summit in Shanghai on Saturday.
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