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| Status Quo and Construction Development Trend of China’s Four Major Oil and Gas Channels |
| Gao Jie, Tian Ying, Han Kejiang |
| PertroChina Planning and Engineering Institute |
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Abstract This paper discusses the status quo of China’s oil and gas channel construction. The four transnational oil and gas strategic channels in the northwest, northeast, southwest and sea in eastern China have been completed. By the end of 2020, China’s oil and gas import and transportation capacity on land reached 73 million tons/year and 125 billion m3 per year respectively; and the oil loading and unloading capacity and LNG receiving capacity of coastal terminals reached 690 million tons/year and 92.3 million tons/year respectively. This paper also looks forward to the future trends of China’s oil and gas channel construction, focusing on strengthening the construction of the Northwest Channel, Northeast Channel and Offshore Channel, maintaining and consolidating the Southwest Channel, consolidating the “four major import strategic channels” and ensuring the safety of the national natural gas import strategy. Finally, relevant suggestions are put forward. Efforts should be made to develop international oil and gas trade, and form a diversified and balanced import system; overseas oil and gas development strategies should be formulated at the national level to lay a foundation for sharing and utilizing overseas oil and gas resources; the import of natural gas should be coordinated, the bargaining power of international procurement enhanced and the cost of resource procurement reduced; and China’s oil and gas safety prediction and early warning mechanism should be improved, and multi-level and tiered early warning and emergency countermeasures established.
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Published: 05 November 2022
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