Natural gas utilization

Author: Organized by the China Petroleum and Petrochemical Engineering Society
Publisher:
Publish Date: 2006-03-01
Features: With the increasing demand for environmental quality in human survival, natural gas will inevitably become one of the most important alternative energy sources in the world's economic development. Global natural gas consumption has maintained a strong growth momentum, and with abundant natural gas resources and intensified market competition, natural gas production has seen rapid growth. The construction of cross-border gas pipelines has been highly active, creating conditions for the development of a global natural gas market. The infrastructure for liquefied natural gas (LNG) has been continuously strengthened, and construction costs have been declining, which will promote the globalization and popularization of natural gas consumption. The natural gas storage systems in developed countries are becoming increasingly sophisticated and robust, which will help stabilize the global natural gas market. The utilization of natural gas will further diversify, with natural gas power generation and civilian fuel becoming the main development directions. Governments of countries around the world have been gradually relaxing their intervention and regulation of the natural gas industry, creating conditions for the development of the natural gas market and making the natural gas industry the mainstream of energy market development in the 21st century.

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