Competition situation of China's natural gas industry during the 13th Five-Year Plan and the corresponding countermeasures

被引:0
作者
Li X. [1 ]
Wang C. [1 ]
Liu Y. [1 ]
Wang B. [1 ]
Jia R. [1 ]
机构
[1] PetroChina Pipeline Company, Langfang, 065000, Hebei
关键词
China; Demand; Industry competition; International trade; LNG import; Natural gas market; Natural gas price reform; Price system; Supply;
D O I
10.3787/j.issn.1000-0976.2016.02.017
中图分类号
学科分类号
摘要
During the 13th Five-Year Plan, global natural gas sector will move into an era of ease supply, when "competition" is the key point for natural gas industry, and that price is the essential factor thereof. For the purpose of relieving the sale pressure and loss of the manufacturers and importers, guaranteeing the rights and interests of suppliers and demanders, and keeping the healthy development of markets, it is necessary to analyze the current industry competition status and study price systems and trends of natural gas with different types of gas sources. Based on prediction results, the bidding relationship between LNG and pipeline natural gas will vary periodically with the continuous oscillation of international oil price. In view of the new market situations, the following suggestions were put forward. Firstly, face the markets in the new economic normal. Based on the current proportion of domestic energy consumption, there is still a great natural gas market potential. Secondly, face squarely the long-term trend of oil price. It is an unsustainable economic phenomenon that the sale price is lower than the development cost. Thirdly, strengthen market development and evade cut-throat competition. And fourthly, perfect natural gas price systems, adopt discriminatory natural gas price and avoid supply-demand disequilibrium due to seasonal variations. It is concluded that the pricing mechanisms which are not flexible will lead to huge pressure on oil and gas enterprises, and natural gas production is still in the category of people's livelihood industries, so the top business of natural gas industry is to stabilize the supply. Under the new situations, it is necessary for governments and enterprises to cooperate with each other so as to perfect natural gas price systems and keep supply-demand equilibrium, and consequently to promote the development of the industry. © 2016, Natural Gas Industry Journal Agency. All right reserved.
引用
收藏
页码:119 / 124
页数:5
相关论文
共 16 条
[1]  
Xu B., Prospect of multiple sources of gas supplies in China before 2020, Natural Gas Industry, 32, 8, pp. 1-5, (2012)
[2]  
The regulation about the construction and the operation of infrastructure
[3]  
Zhang B., Ma B., Gao F., Asian premium in LNG market and its countermeasures, Natural Gas Industry, 35, 7, pp. 110-114, (2015)
[4]  
Liang Y., Global natural gas market development present situation and the pricing mechanism, Futures Daily
[5]  
Liu Y., Evolution and trend of natural gas pricing mechanism in China, Natural Gas Industry, 35, 4, pp. 107-116, (2015)
[6]  
He C., Yang P., Chen H., Niu X., Study on the formula of China's imported natural gas prices, Natural Gas Technology, 8, 4, pp. 51-56, (2014)
[7]  
Zheng H., LNG spot trade: The global development and the Chinese attempt, International Petroleum Economics, 15, 12, pp. 69-72, (2007)
[8]  
Hu A., A discussion on building a natural gas trading center in China, Natural Gas Industry, 34, 9, pp. 11-16, (2014)
[9]  
Ma B., Zhang B., Li S., Application of price discrimination theory in the international crude oil trade, Asia-Pacific Economic Review, 1, pp. 45-49, (2013)
[10]  
Hua B., The key role of natural gas at China's historical period of transition toward a low carbon era, Natural Gas Industry, 31, 12, pp. 94-98, (2011)