|
|
|
| Challenges and Opportunities Facing China's Oil and Gas Industry |
| Wang Zhen, Ma Jie |
| CNOOC Energy Economics Institute |
|
|
|
| Guide |
|
|
Abstract Guided by the new strategy of "Four Revolutions, One Cooperation" for energy security, China's oil and gas industry secured its supply, increased exploration and development efforts, accelerated the construction of natural gas production, supply, storage and marketing systems, and achieved steady improvement in guaranteed capabilities of oil and gas resources during the 13th Five-Year Plan period. As the world's energy transitions are accelerated while profound shifts are underway in the global energy system, China's oil and gas industry is facing greater challenges and more opportunities in many dimensions, such as oil and gas security, low-carbon transition, as well as industrial innovation and upgrading. During the 14th Five-Year Plan period, China's oil and gas industry will actively adapt to energy transition and green & low-carbon production, intensify exploration and development efforts, and continuously improve its reserve and peak-regulation capabilities. Efforts will be made to step up the reform of oil and gas systems and mechanisms, continue to enhance international oil and gas cooperation, and make a positive contribution to the construction of a modern energy system.
|
|
Published: 03 November 2022
|
|
|
| Fund: |
|
|
|
| [1] |
Kang Yu, Xie Wei, Chen Jianrong. Oil & Gas Policies in World Major Countries[J]. China Oil & Gas, 2022, 29(2): 16-23. |
| [2] |
Dou Lirong, Yuan Shengqiang, Liu Xiaobing. Overseas Oil and Gas Exploration of Chinese Oil Companies:Challenges and Solutions[J]. China Oil & Gas, 2022, 29(2): 3-8. |
| [3] |
Feng Baoguo. Driving the In-depth Development of Oil and Gas Cooperations under "Belt and Road" Initiative with Green Development Concept[J]. China Oil & Gas, 2022, 29(2): 24-29. |
| [4] |
Xu Qinhua. Carbon Neutrality Policy Trends and Cooperation Among BRICS Countries(Ⅰ)[J]. China Oil & Gas, 2022, 29(2): 30-36. |
|
|
|
|
2022, Vol. 29 
