China's natural gas industry is developing rapidly, and market demand is estimated to reach 110 billion cubic meters in 2010, growing from 80 billion cubic meters in 2008, according to Wang Tianxi, general director of China City Gas Society.
However, natural gas supply in 2010 is expected to mark 90 billion cubic meters, falling short of market demand.
The development of China's natural gas industry in urban areas has encountered overwhelming demands, though China's natural gas consumption accounted for just 3.2 percent of the total primary energy consumption in 2008, far behind the 25 percent in the international market.
The country greatly depends on the supply of foreign product, as China's proven natural gas reserves are less than one percent of the world's total. China has stepped up exploration and raised the production capacity of domestic producers in an attempt to quell the shortage.
In addition, China hasn't yet established and improved a system for natural gas storage.
Wang encourages enterprises' measures in fighting for the rights to import the product from the international market, cooperating with upstream enterprises to establish liquefied natural gas destinations, and setting up multi-resources supply systems.
China's natural gas user number in mid- and large-sized cities amounted to 110 million in 2008, and the supply volume in urban areas hit more than 30 billion cubic meters.
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