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In 2023, China’s natural gas consumption recovered, natural gas production maintained a growth momentum of 100 billion cubic meters for seven consecutive years, import gas resumed growth, and the degree of external dependence slightly increased. In 2024, it is expected that China’s natural gas market will continue to improve, natural gas demand will maintain relatively rapid growth, domestic production will steadily increase, and it is expected to exceed 100 billion cubic meters again, and imports will grow relatively rapidly.

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Analysis of China’s Natural Gas Market

  • 章节

  • 发表日期：

    2026年

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  • Xingkun Qian,
  • Ruquan Lu,
  • Liangcai Luo,
  • Mouyuan Wu,
  • Qin Liao

摘要

In 2023, China’s natural gas consumption recovered, natural gas production maintained a growth momentum of 100 billion cubic meters for seven consecutive years, import gas resumed growth, and the degree of external dependence slightly increased. In 2024, it is expected that China’s natural gas market will continue to improve, natural gas demand will maintain relatively rapid growth, domestic production will steadily increase, and it is expected to exceed 100 billion cubic meters again, and imports will grow relatively rapidly.