{"id":64604,"date":"2024-08-15T10:25:19","date_gmt":"2024-08-15T17:25:19","guid":{"rendered":"https:\/\/energi.media\/?p=64604"},"modified":"2024-08-15T10:25:19","modified_gmt":"2024-08-15T17:25:19","slug":"chinas-natural-gas-consumption-production-and-imports-all-increased-in-2023","status":"publish","type":"post","link":"https:\/\/energi.media\/news\/chinas-natural-gas-consumption-production-and-imports-all-increased-in-2023\/","title":{"rendered":"China\u2019s natural gas consumption, production, and imports all increased in 2023"},"content":{"rendered":"

This article was published by the US Energy Information Administration<\/a> on Aug. 14, 2024.<\/em><\/p>\n

By Victoria Zaretskaya, Faouzi Aloulou<\/strong><\/em><\/p>\n

In 2023, 7 per cent, or 2.6 billion cubic feet per day (Bcf\/d), more natural gas was consumed in China than in 2022, after a decline<\/a> of 1.1 per cent in 2022 when economic growth was slower, mainly due to China\u2019s\u00a0zero-COVID<\/em>\u00a0policies<\/a>, leading to a reduction in natural gas consumption.<\/p>\n

\"China<\/p>\n

Data source:\u00a0<\/strong>S&P Global Commodity Insights, China National Bureau of Statistics, and China Energy Statistical Yearbooks
\nNote:\u00a0<\/strong>Industrial<\/em>\u00a0consumption includes natural gas feedstock.\u00a0Other<\/em>\u00a0includes district heating and transport.<\/div>\n
\n

In 2023, 7 per cent, or 2.6 billion cubic feet per day (Bcf\/d), more natural gas was consumed in China than in 2022, after a decline<\/a> of 1.1 per cent in 2022 when economic growth was slower, mainly due to China\u2019s\u00a0zero-COVID<\/em>\u00a0policies<\/a>, leading to a reduction in natural gas consumption.<\/p>\n

Last year, annual natural gas consumption increased in all economic sectors within China, with residential and commercial consumption increasing by 8 per cent, or 0.7 Bcf\/d, and electric power consumption increasing by 10 per cent, or 0.5 Bcf\/d. Residential and commercial natural gas consumption in China has grown every year since 2014, almost tripling from 3.6 Bcf\/d in 2014 to 9.3 Bcf\/d in 2023, as more customers switched from coal to natural gas for home heating. In the electric power sector, additional economic activity and new natural gas-fired capacity increased consumption.<\/p>\n

Domestic natural gas production in China<\/a> provided 58 per cent of its natural gas supply in 2023, averaging 21.7 Bcf\/d, an increase of 6 per cent (1.2 Bcf\/d) from 2022. Domestic production has grown by more than 1.0 Bcf\/d every year since 2017, mainly from discrete natural gas reservoirs and\u00a0associated natural gas<\/a>\u00a0from oil production. Production from low-permeability formations, such as tight gas, shale, and coal-bed methane, has also increased and averaged 8.6 Bcf\/d in 2023. China\u2019s 14th<\/sup>\u00a0Five-Year Plan (2021\u201325) set a domestic natural gas production target of 22.3 Bcf\/d by 2025, most of which was met in 2023.<\/p>\n

\"China<\/p>\n

Data source:\u00a0<\/strong>S&P Global Commodity Insights, China National Bureau of Statistics, and China National Development and Reform Commission
\nNote:\u00a0<\/strong>Conventional<\/em> includes production from discrete natural gas reservoirs and associated natural gas. China’s domestic production grew at a compound annual growth rate of 7 per cent between 2010 and 2023.<\/div>\n
\n

In 2023, China\u2019s natural gas imports averaged 16.0 Bcf\/d and accounted for 42 per cent of China\u2019s total natural gas supply, compared with 15 per cent of its supply in 2010. Natural gas is imported into China by pipeline and as liquefied natural gas (LNG).<\/p>\n

China became the\u00a0world\u2019s largest LNG importer in 2023<\/a>, the second time since\u00a02021<\/a>. In 2023, China\u2019s LNG imports averaged 9.5 Bcf\/d, an increase of 13 per cent from 2022, according to data from China\u2019s General Administration of Customs. Last year, the countries supplying the most LNG to China were Australia (34 per cent of total LNG imports), Qatar (23 per cent), Russia (11 per cent), and Malaysia (10 per cent).<\/p>\n

Annual imports by pipeline increased by 6 per cent in 2023, averaging 6.5 Bcf\/d. Pipeline imports increased mainly from Russia via the Power of Siberia 1 pipeline, which continued to ramp up to full production<\/a>, with\u00a0a target to reach 3.7 Bcf\/d in export flows by 2025<\/a>. A second pipeline from Russia to China\u2014Power of Siberia 2<\/a>\u00a0with a proposed design capacity of 4.8 Bcf\/d\u2014is currently in the\u00a0planning phase<\/a>.<\/p>\n

\"annual<\/p>\n

Data source:\u00a0<\/strong>China General Administration of Customs and Global Trade Tracker<\/div>\n","protected":false},"excerpt":{"rendered":"

This article was published by the US Energy Information Administration on Aug. 14, 2024. By Victoria Zaretskaya, Faouzi Aloulou In 2023, 7 per cent, or 2.6 billion cubic feet per day (Bcf\/d), more natural gas [Read more]<\/a><\/p>\n<\/div>","protected":false},"author":6,"featured_media":64605,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"give_campaign_id":0,"footnotes":""},"categories":[1],"tags":[91,41,14,95,1900,34],"class_list":{"0":"post-64604","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"tag-china","9":"tag-energy","10":"tag-featured","11":"tag-fossil-fuels","12":"tag-gas-production","13":"tag-natural-gas"},"acf":[],"yoast_head":"\nnatural gas consumption - Thoughtful Journalism About Energy's Future<\/title>\n<meta name=\"description\" content=\"In 2022 China's economic growth was down, mainly due to the country\u2019s\u00a0zero-COVID\u00a0policies, leading to a reduction in natural gas consumption.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/energi.media\/news\/chinas-natural-gas-consumption-production-and-imports-all-increased-in-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"natural gas consumption - 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