China will be 3rd-largest natural gas producer in 2035
Updated: 2013-09-12 21:25
(Xinhua)
|
||||||||
SHIJIAZHUANG -- China is expected to become the world's third-largest natural gas producer in 2035, an official with the International Gas Union said Thursday.
Torstein Indreb, secretary general of IGU, made the remarks at the 2013 China International Pipeline Exhibition and Conference held in the city of Langfang in North China's Hebei province.
Spurred by the country's huge demand, China will see a sharp increase in natural gas production and rank third place by 2035, following Russia and the United States, he said.
Statistics show China's production volume of natural gas surged 6.7 percent year on year to 106.7 billion cubic meters last year. The total length of natural gas pipelines exceeded 55,000 kilometers across the country.
China plans to earmark 460 billion yuan ($75 billion) to build 65,000 kilometers of petroleum pipelines from 2011 to 2015, including 41,000 kilometers of natural gas pipelines.
- Another iPhone4 explodes while charging
- Premier stresses transformation of the economy
- Soyuz capsule returns from space station
- China's Christian churches reduce leaders' age ceiling
- Student's rare blood bonds Kazakhstan and China
- Apple's low-end phone price disappointing
- US marks 9/11 anniversary
- German Bach elected as IOC president
Most Viewed
Editor's Picks
Cure sought for the medical sector's ills |
Africa looks to the Orient for lessons |
Hanban shops around for a wider choice |
Private push |
Righting the wrongs of patent rights |
Growth driver |
Today's Top News
Can China withstand global funds shifts?
China Daily Asia Weekly wins media award
Report questions US firms pursuing cloud computing in China
Reducing poverty gains momentum in Asia
China turns to US sorghum for animal feed
China's global firms face 'trust gap'
Li stresses transformation of economy
US delivers weapons to Syrian rebels
US Weekly
Geared to go |
The place to be |