The value of the West-East Gas Pipeline has emerged for nearly one year

After less than a year of commercial operation, the market value of the West-East Gas Pipeline Project, which has attracted worldwide attention, began to appear. According to relevant persons from the National Development and Reform Commission, the West-East Gas Pipeline Project has supplied more than 3.5 billion cubic meters of gas to 30 users in Henan, Anhui, Jiangsu, Zhejiang, and Shanghai so far, so that the proportion of natural gas in China’s primary energy structure will be The 2.2% increase to more than 3%, and the economic benefits for residents gas, industrial fuel coal to gas, chemical and natural gas power generation projects reached more than 10 billion yuan.
It is understood that on December 30, 2004, the West-East Gas Pipeline Project, which was officially commercialized across the board, had natural gas users mainly of city gas users, chemical users, and industrial users. Among them, urban gas users account for about 50% of total gas consumption, industrial users account for 40%, and chemical users account for 10%. It is expected that the steady supply of gas will exceed 3.6 billion cubic meters this year. In other words, the annual supply of gas from the West-East Gas Pipeline is currently 1/10 of China's annual gas consumption.
West-East Gas Transmission has promoted the adjustment of energy structure in the four downstream provinces and one city, and has also brought economic benefits. Such as the official supply of gas to the Shanghai Petrochemical Industry Park's pillar project, SECCO's 900,000-ton ethylene project, can generate more than RMB 3 billion in profits each year. Yizheng Chemical Fiber, a key chemical company in Jiangsu, has replaced natural gas with natural gas on hot coal stoves. , Yangzi Petrochemical Company’s natural gas hydrogen production and Yangba integrated self-constructed power plant have started to use gas for power generation and heating; Zhejiang Huhang Line has officially opened 10 large users to achieve natural gas in Zhejiang Province in one-time energy consumption "Zero" breakthrough.
According to the plan, the West-East Gas Pipeline will soon achieve an annual gas transmission of 12 billion cubic meters, which means that it can replace 16 million tons of coal and reduce smoke and dust emissions by 270,000 tons per year. At the same time, taking the West-East Gas Transmission Project as the backbone, accelerating the construction of a gas pipeline network that covers most parts of the country, and replacing some of the oil with natural gas, has become a realistic option for maintaining China’s oil strategic security.
It is also known that after the completion of the West-East Gas Pipeline, the planned annual gas transmission capacity of 12 billion cubic meters at the end of 2007 will be realized by the end of this year. PetroChina also plans to build four more gas stations along Zhengzhou in 2006 to increase gas transmission capacity to 17 billion cubic meters. In the future, 16 gas stations will be built to increase gas transmission capacity to 25 billion cubic meters. In addition, CNPC will also prepare a double-track line so that the gas transmission capacity will reach 50 billion cubic meters.

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