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Sunday, 26 September 2010, 19:58 HKT/SGT
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Natural Gas Production Growth Keep Stable

BEIJING, Sept 26, 2010 - (ACN Newswire) - Cheaponsale.com analyzes that this year domestic natural gas production growth keep stable, gas consumption keep increasing, in addition to some areas' supply tight, natural gas market supply and demand is overall smooth, the operation is basically normal.

Cheaponsale.com reports that domestic production growth stable. According to statistic that in August, the natural gas production was 7.6 billion cubic meters, year-on-year increased 9.1%. From January-August totally produced natural gas 62.4 billion cubic meters, increased13.4%.

Imports resources continue increase. August imports natural gas (including LNG) about 1.7 billion cubic meters, year-on-year increase 1.9 times. 1-8 months imported 2.38 billion cubic meters of natural gas, the total imports resources year-on-year increased 1.4 times. According to reflect that currently Central Asia' import natural gas price was obviously higher than domestic sales price, CNPC bear huge losses.

Gas usage demand increased apparent. August consumption 8.8 billion cubic meters increased 23.8%. 1-8 months consumption was 69.2 billion cubic meters, year-on-year increased 21%. Storage gas resources is obviously increase, end in later August, gas storage recoverable reserves were 1.6 billion cubic meters, year-on-year increase of 4 million cubic meters.

Cheaponsale.com analyzes that because this year consumer markets expand faster, new users increase much, natural gas demand increased great, winter peak season, gas smoothly use is still face some extend pressure.


About Cheaponsale.com

Cheaponsale.com is a promising e-commerce company and a leading vertical search engine company in China. Cheaponsale.com ( www.cheaponsale.com) offers a variety of high quality products such as inspiron 8500 battery ( www.cheaponsale.com/buy-inspiron_8500_battery/), applicant tracking system ( www.cheaponsale.com/buy-applicant_tracking_system/), ergonomic office desk ( www.cheaponsale.com/buy-ergonomic_office_desk/) and many more.


For more information, please contact:
www.cheaponsale.com
Tel: +86-10-65569770
Email: my@cheaponsale.com
SOURCE: www.cheaponsale.com

Topic: Research / Industry Report Sectors: Metals & Mining, Energy, Alternatives, Alternative Energy
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