Developing China's natural gas market : the energy policy challenges.

Format:

Book

Contributor:

International Energy Agency.

Organisation for Economic Co-operation and Development

Language:

English

Subjects (All):

Gas industry--China--Management.

Gas industry.

Energy policy--China.

Energy policy.

Natural gas.

Management.

China.

Natural gas--China.

Physical Description:

368 pages : illustrations, maps (some color) ; 27 cm

Place of Publication:

Paris : Organisation for Economic Co-operation and Development/International Energy Agency, [2002]

Contents:

1. Economic, Energy and Environmental Context 43

The Economic Context 43

The Energy Situation 48

The Environmental Context 58

2. China's Natural Gas Market: Today and Tomorrow 63

China's Natural Gas Market Today 63

Natural Gas Demand Outlook 67

Natural Gas Supply Outlook 74

Gas Industry Structure and Legal Framework 79

Key Challenges in Developing China's Natural Gas Market 84

3. Defining a Strategic and Policy Framework: Lessons from Developed Gas Markets 91

Generic Characteristics of Gas Industry and Market 91

Characteristics of the Chinese Gas Market 95

Lessons and Experiences from Developed Gas Markets 98

Major Implications for China's Gas Strategy and Policy Framework 113

4. Gas for Power Generation 123

Trends and Prospects in Power Generation in China 123

Potential for Gas-Fired Power Generation 126

Critical Issues For Developing Gas-Fired Power Generation 134

Policies and Measures for Increasing Gas Use in Power Generation 145

5. Issues of Local Gas Distribution 155

The Current Status of Gas Distribution in China 155

Key Problems Today 157

Organising the Conversion to Natural Gas 162

Ensuring the Security of Supply 165

Getting the Economics Right: Gas Distribution Cost and Pricing 168

Policies and Measures to Develop Downstream Gas Markets 172

6. Natural Gas Pricing and Taxation 177

Current Gas Allocation and Pricing System in China 178

Problems with Current Pricing System 184

The Transition to Market-Based Gas Pricing 188

Gas Pricing Regulation 194

Taxation of Natural Gas 197

Fiscal and Price Reform to Promote Gas Market Development 202

7. Issues Surrounding Long-Distance Gas Pipelines 207

Long-distance Gas Pipelines in or involving China 207

Stages in Building a Gas Pipeline 208

General Conditions for Long-distance Gas Pipelines 210

The West-East Gas Pipeline 215

Issues on Pipeline Gas Imports and Transit 225

North-East Asia Gas Pipeline Network: Prospects and Key Challenges 238

8. Gas Market Development Through LNG Imports 241

Distinct Characteristics of LNG Projects 241

Current Status of Plans to Import LNG 243

Regional LNG Markets Trends and Prospects 249

Key Issues for Developing LNG Import Projects in China 254

9. Financing Gas Infrastructure Projects 259

Investment Needs 259

Major Financing Sources 260

Commerciality and Risk Management 267

Specifics of Financing Gas Infrastructures 270

10. Policies and Regulations on Foreign Investment in China's Natural Gas Sector 279

Laws and Regulations on Foreign Investment in China 279

Foreign Investment in China's Gas Sector 286

Special Policies for Foreign Investment in West-East Pipeline Project 288

11. Policy-making, Structure and Regulation 293

Current Allocation of Policy-making and Regulatory Responsibilities 293

Clarifying the Legal Framework 296

Organisational and Institutional Arrangements 298

Gas Industry Structural Reform 303

Regulation of Gas Transmission and Distribution 307

A1. China's Environmental Laws and Regulations Related to Air Pollution 319

Environmental Laws 319

Regulations Related to Air Pollution 320

A2. Summary of Laws and Regulations Governing Oil and Gas Activities in China 325

The Mineral Resources Law 325

Rules on Implementation of the Mineral Resources Law 326

Regulations on Transfer of Exploration and Mining Rights 328

Regulations on Registration over Mineral Resources Exploration 329

Regulations on Registration over Mineral Resources Exploitation 330

Regulations on the Exploitation of Offshore Petroleum Resources in Co-operation with Foreign Enterprises 332

Regulations on the Exploitation of Land Petroleum Resources in Co-operation with Foreign Enterprises 333

A3. Competitiveness of Natural Gas in Shanghai 335

Shanghai's Energy Situation 336

Natural Gas Development in Shanghai 337

Natural Gas Price in Shanghai 339

The Competitiveness of Natural Gas in Shanghai 340

The Price and Non-price Factors that Hinder the Wider Use of Natural Gas in Shanghai 345

Policies and Measures for the Development of a Natural Gas Market in Shanghai 346

Environmental Protection Measures in Shanghai 347.

Notes:

Includes bibliographical references (pages 365-368).

ISBN:

9264198377

OCLC:

51452143