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Title : China's Soaring Natural Gas Output Unable To Meet Demand -- Reuters -- February 5, 2018
link : China's Soaring Natural Gas Output Unable To Meet Demand -- Reuters -- February 5, 2018

China's Soaring Natural Gas Output Unable To Meet Demand -- Reuters -- February 5, 2018

Link here. Data points:

• China’s natural gas production is rising at the fastest pace in four years 
• production will not meet China's demand for natural gas
• policy decision some years ago: government program to raise gas usage in order to clean the country's polluted air
• record production in 2017, up 8.5% from 2016
• forecast to climb another 6 to 8 percent per year through 2020
• demand will fuel growing imports of LNG or piped gas
• China: now the world's largest energy consumer
• China: was the sixth-largest gas producer in 2016 after rising investments over the past 20 years
• consumption is climbing even faster -- climbing 15% in 2017

Much, much more at the link.

From the article:

China holds the world’s largest reserves of shale natural gas, according the U.S. Energy Information Administration. However, much of that gas is considered recoverable only if cost were not a constraint.

Furthermore, the country is among the top ten holders of proven natural gas reserves, gas that could be produced at current prices, at 5.4 trillion cubic meters, according to the most recent BP Statistical Review.

Together, China’s three biggest gas basins, the Ordos in northern China, the Tarim in the Xinjiang region in the west, and Sichuan in the southwest, make up 90 percent of the country’s output. But each of them are beset with geological or technological difficulties.

State-owned PetroChina boosted production at the Ordos’ Changqing field to 36.9 bcm last year but only after drilling over 2,000 new wells. Output there peaked at 37 bcm in 2013. 

Something not said in the aritcle that should have been said:

• there is no way wind/solar energy can substitute for fossil fuel or nuclear energy. An inconvenient fact.

   

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