Rapid growth in energy demand and overall stable supply
Natural gas production continues to maintain historical highs
Beijing, January 30 (Reporter Wang Yichen) The National Energy Administration released data on the 30th, showing that in 2020, the national coal production of enterprises above designated size was 3.84 billion tons, a year-on-year increase of 0.9%; December coal production was 350 million tons, a year-on-year increase of 3.2% .
The daily output of coal nationwide continued to maintain a relatively high level of about 11 million tons, and coal supply was generally stable.
At the same time, natural gas production continued to maintain historical highs.
Since the beginning of winter, affected by the cold wave weather, the national energy demand, especially the demand for electricity, has grown rapidly, and the supply in some areas has been tight during peak hours.
The National Energy Administration has adopted a series of measures to ensure the safe and stable supply of energy, including strengthening the monitoring and early warning of electricity supply and demand, and flexibly deploying resources.
In terms of coal, as of January 25, 2021, the inventory of thermal coal in the national integrated power plants can be used for 15 days, and the inventory is at a reasonable level.
The fulfilment rate of medium and long-term coal contracts is high and prices are stable. In 2020, the fulfilment rate of medium and long-term contracts of coal enterprises exceeds 90%. The performance of contracts is generally good, and it has played a better role as a market stabilizer.
The spot price of coal has continued to rise since the beginning of November, and has recently fallen.
At the same time, the natural gas supply capacity has been further enhanced.
The relevant person in charge of the National Energy Administration stated that the relevant departments have overcome the pressure of increasing gas supply caused by the extreme cold weather, and made every effort to promote natural gas storage and production, pipeline network interconnection, gas storage capacity building, and imported gas coordination and guarantee. The natural gas supply capacity during the heating season from 2020 to 2021 will be further enhanced, ensuring the demand for gas for production and living in the whole society.
Data show that from October to December 2020, the national monthly average natural gas production maintained a historical high for three consecutive months, of which December production increased by approximately 13.7% year-on-year.
According to data from the National Bureau of Statistics, the domestic natural gas production in 2020 will be about 188.8 billion cubic meters, which has increased production by more than 10 billion cubic meters for four consecutive years.
In terms of pipeline construction, the middle section of the Sino-Russian Eastern Route was put into production on December 3, 2020.
Since January 1, 2021, the maximum daily gas transmission volume on the Eastern Route of China and Russia has doubled, further increasing the effective supply of natural gas in the Beijing-Tianjin-Hebei region.
In terms of overseas resource import, optimize the allocation of natural gas import resources in the off-peak and peak seasons, rely on the national pipeline network facilities to strengthen the "joint guarantee and combined supply and transportation", increase the exchange of resources and mutual guarantee and mutual supply, and realize the resources when the Beihai LNG receiving station shuts down due to accidents. Complement each other.
From November to December 2020, the total imported natural gas of the three major oil and gas companies increased by 8.7% year-on-year.
In response to this year’s Spring Festival holiday, the country encourages the masses to celebrate the Chinese New Year and other policies. The above-mentioned person in charge said that the National Energy Administration has carried out research and judgment on the energy supply and demand situation during the Spring Festival holiday, strengthened the monitoring and early warning of coal, electricity, oil and gas supply during the holiday, timely tracking the latest supply situation, and targeting all possible Prepare emergency plans for such difficulties, minimize the impact of uncertain factors, and ensure the safety of energy supply during the Spring Festival holiday.
Natural gas production continues to maintain historical highs