CHINA: IEA spells out four sets of challenges to reforming natural gas market

摘要

China faces four major challenges in reforming its natural gas sector to help meet a targeted doubling in consumption to 260 billion cubic metres by 2015 from 2011 levels, said the International Energy Agency (IEA). Planners will face their most important challenge in aligning domestic gas prices with the international markets as it becomes more dependent on import of liquefied natural gas (LNG), said the IEA in a special report entitled, "Gas Pricing and Regulation: China's Challenges and the IEA Experience".