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Country report
Sep 2012
Partner Country Series - Gas Pricing: China’s Challenges and IEA Experience
Partner Country Series - Gas Pricing: China’s Challenges and IEA Experience In line with its aim to meet growing energy demand while shifting away from coal, the People's Republic of China set an ambitious goal of doubling its use of natural gas from 2011 levels by 2015. Prospects as of 2012 were good for significant new supplies – both domestic and imported, conventional and unconventional – to come online in the medium term, but notable challenges remained, particularly concerning gas pricing and the institutional and regulatory landscape. While China’s circumstances are, in many respects unique, some current issues are similar…
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Country report
Jul 2012
Oil and Gas Emergency Policy: China 2012 update
Oil and Gas Emergency Policy: China 2012 update The People's Republic of China is one of the most important oil- and natural gas-producing counties in the world. Although coal is the dominant energy source in China, accounting for some 70% of the country’s total energy consumption (TEC) in 2009, oil and gas are also essential energy sources. Despite strong growth in consumption of oil, its share of TEC fell in 2009, as coal use rose even faster to meet burgeoning demand for electricity. Although China is now the world’s fifth-largest oil producer, the country has…