Global EditionASIA 中文雙語(yǔ)Fran?ais
    Business
    Home / Business / Companies

    Shell provides clean energy solutions

    By Zheng Xin | China Daily | Updated: 2018-06-08 11:20
    Share
    Share - WeChat
    A worker walks through a project site operated by QGC, a unit of Royal Dutch Shell, in Gladstone, Australia. [Photo/Agencies]

    As China's growing appetite for liquified natural gas is starting to change the global market pattern, global energy giants are taking action to meet the surging demand.

    Royal Dutch Shell is China's largest LNG supplier with more than 20 percent of the total market in 2017. It has been increasing its muscle in the world's fastest-growing LNG market, looking to meet the country's soaring demand for cleaner fuels as it transitions away from coal.

    "Shell is currently the world's largest private LNG producer, and the partnership with China, the world's second-largest LNG importer, is complementary," said Zhang Xinsheng, executive chairman of Shell in China.

    "Not only supplying China with gas developed and liquefied by its own joint ventures, but also additional LNG sourced through its global resources and trading advantages, Shell is committed to working with our partners in China to provide more and cleaner energy solutions to better support the country's growing energy needs."

    China's LNG demand is expected to nearly double to 68 million metric tons per year by 2023 from the 2017 figure and exceed that of Japan, the world's biggest consumer, before 2030, according to S&P Global Platts Analytics.

    Against this backdrop, Shell said it sees potential for a supply shortage developing in the mid-2020s, unless new LNG production project commitments are agreed soon.

    Zhang said meeting China's rising gas demand is a challenge, even with domestic gas production increasing continuously and Russian gas pipeline projects going into production in 2019.

    The onshore Changbei tight gas field is scheduled to see its Changbei II Phase 1 project begin operations this year. Developed and produced under a production-sharing contract between Shell and China National Petroleum Corp, the field will provide gas to Beijing and its neighboring regions, Zhang said.

    Royal Dutch Shell completed the Changbei I development program under the contract and subsequently handed over the Changbei I production operatorship to CNPC in 2016. The company currently remains the operator of Changbei II.

    "As a member of the Shanghai Petroleum and Gas Exchange, Shell wishes to participate in China's gas market more dynamically," Zhang said.

    According to Steve Hill, executive vice-president at Shell Energy, LNG demand is expected to rise again in China this year, as the Beijing program of switching from coal to cleaner gas extends to other industrial cities. The full effect of the country's attempt to switch factories and residences from coal to gas to curb harmful emissions will be felt this year, he said.

    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    CLOSE
     
    亚洲精品无码久久久| 人妻少妇伦在线无码专区视频| 亚洲AV人无码激艳猛片| 精品久久久无码人妻中文字幕| 无码AV中文一区二区三区| 最好看更新中文字幕| 亚洲无码视频在线| 97碰碰碰人妻视频无码| 亚洲av无码成h人动漫无遮挡| 亚洲欧美中文字幕| 无码精品人妻一区二区三区影院| 无码中文字幕日韩专区视频| 婷婷五月六月激情综合色中文字幕| 日本妇人成熟免费中文字幕 | 久久精品aⅴ无码中文字字幕不卡 久久精品无码一区二区WWW | 亚洲欧美日韩中文字幕二区| 久久人妻AV中文字幕| 国产精品无码永久免费888| 亚洲成AV人片天堂网无码| 精品亚洲AV无码一区二区三区 | 人妻少妇精品视中文字幕国语| 久久99久久无码毛片一区二区 | 久久人妻少妇嫩草AV无码蜜桃| 日韩人妻无码精品久久免费一 | 性无码专区无码片| 成人无码AV一区二区| 国产精品99久久久精品无码| 亚洲日韩中文字幕日韩在线| 日韩久久久久久中文人妻| 中文字幕在线精品视频入口一区| 亚洲成?Ⅴ人在线观看无码| 免费无码黄十八禁网站在线观看| 久久久久久亚洲Av无码精品专口| 无码精品人妻一区二区三区中| 中文人妻无码一区二区三区| 精品无码国产自产在线观看水浒传 | 精品亚洲AV无码一区二区三区| 蜜桃臀AV高潮无码| 精品无码一区二区三区在线| 亚洲综合无码AV一区二区| 亚洲爆乳精品无码一区二区三区|