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China Natural Gas Inc. is a Chinese energy company that, through its subsidiaries, is engaged in the distribution and sale of natural gas and gasoline to commercial, residential and industrial customers in the Xi'an area and the Shaanxi province of the People's Republic of China. The company also engages in the construction of pipeline networks.
The U.S. is China’s biggest supplier of natural gas. One of the largest natural gas deals is between China’s Sinopec and U.S. Natural Global LNG, which will provide 194 billion ft^3 of natural gas every year to China for 20 years. China has also increased taxes on natural gas being imported from the United States.
The chart shows a 75-year history of annual United States natural gas production and average wellhead prices from 1930 through 2005. Prices paid by consumers were increased above those levels by processing and distribution costs.
In July 2013, CNPC and Eni signed a $4.2 billion deal to acquire a 20% stake in a Mozambique offshore natural gas block. [18] In June 2014, the "head of a key China National Petroleum subsidiary was recalled to Beijing" and fell "from public view". [19] Replacement of China National Petroleum's top representative in Canada was announced in July ...
Trends in the five countries with largest proven reserves of natural gas, according to the US Energy Information Administration Countries by natural gas proven reserves (2014), based on data from CIA The World Factbook Countries by natural gas and oil proven reserves (2015) World natural gas proven reserves 1960–2012 (OPEC)
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China's natural gas consumption rose by 9% in 2019 to 10.8 trillion cubic feet (Tcf) per year from 9.9 Tcf in 2018. China's NOCs produced an estimated 6.3 cf of natural gas in 2019, 8% higher than in 2018 [1] Three gas lines from Turkmenistan were completed in 2009, 2010 and 2014 respectively, bringing 1.9 Tcf a year China. [1]