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What will be China's main strategy for reducing gas network risks in 2025?
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Resolution / Starting Odds
Increased Monitoring Technology • 25%
Pipeline Replacement • 25%
Regulatory Changes • 25%
Public-Private Partnerships • 25%
Policy announcements or reports from China's National Oil & Gas Pipeline Group
Story
China Completes 5,111-Km Russia-China Gas Pipeline, Set to Deliver 38 Billion Cubic Meters Annually; 500 Billion Cubic Meters Delivered Since 2009
Nov 18, 2024, 03:25 PM
China's National Oil & Gas Pipeline Group has announced the completion of the 5,111-kilometer east-route natural gas pipeline, which is now entering its final commissioning stage. This significant infrastructure project is expected to provide China with 38 billion cubic meters of natural gas annually, enhancing the country's energy supply as it works towards its low-carbon goals. The pipeline is part of a broader strategy to improve public safety and manage the risks associated with the country's extensive natural gas network, which includes newly added pipelines that pose challenges for monitoring and leak prevention. Additionally, the China-Central Asia Gas Pipeline has successfully delivered over 500 billion cubic meters of natural gas to China since its inception in 2009.
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Russia • 25%
Australia • 25%
Turkmenistan • 25%
Other • 25%
New gas field • 25%
New oil field • 25%
Expansion of existing fields • 25%
No major announcement • 25%
Yes • 50%
No • 50%
90-95% • 25%
95-99% • 25%
100% • 25%
Less than 90% • 25%
CNOOC • 25%
PetroChina • 25%
Sinopec • 25%
Other • 25%
Significant shift towards ocean resources • 25%
Moderate impact with gradual policy changes • 25%
No significant impact • 25%
Shift away from ocean resources • 25%
Yes • 50%
No • 50%
Residential heating • 25%
Industrial use • 25%
Electricity generation • 25%
Other • 25%