China Bolsters Gas Infrastructure in Five-Year Plan
China has unveiled plans to expand its gas infrastructure by increasing both natural gas pipeline import capacity and LNG (Liquefied Natural Gas) import capacity by 2030. This move aims to diversify the country's gas imports, as outlined in the 15th Five-Year Plan for the oil and gas sector.
The National Development and Reform Commission and the National Energy Admission have issued the plan, which targets a significant boost to the country's gas import capabilities by 2030. The exact figures for the planned increases are not specified in the source.