1. The goal of the Paris Agreement now seems to be out of reach, but the goal is getting closer and closer, and global greenhouse gas reductions are accelerating. However, global energy consumption will not peak in demand for natural gas and oil until 2035.
2. By 2035, China, the United States and the European Union will reach or exceed 20% of the share of renewable energy production. Global demand for natural gas will continue to grow. The Asia-Pacific region, represented by China, accounts for more than 40% of global natural gas demand growth.
3. Liquefied natural gas transported by rail is more competitive than long-haul truck transport. At present, the innovative multimodal mode of LNG (cargo ship + tank container + railway + road) is gradually maturing. Improvements in LNG delivery methods and infrastructure will bring more new investments to the market.
In 2017, the implementation of China’s “26+2” coal-to-gas policy has increased the demand for LNG in northern China, and the diversified transportation mode of LNG ensures the implementation of policies and meets the needs of residents for LNG. , improving the problem of insufficient gas infrastructure.
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