China's natural gas policy to maintain long-term balance
Thursday, 6 September 2007
BEIJING, Sept 5 (CEIS): China issued a new policy on natural gas utilization at the end of August, and analysts hail this as China's effort to maintain long-term balance in gas supply and demand.
The new policy bans the use of natural gas as raw material to produce methanol, the construction of gas-fuelled power plants at large coal production bases, and the use of natural gas produced by large and medium-sized gas fields as raw material for Greenfield LNC projects.
The new policy bans the use of natural gas as raw material to produce methanol, the construction of gas-fuelled power plants at large coal production bases, and the use of natural gas produced by large and medium-sized gas fields as raw material for Greenfield LNC projects.