China to optimise energy production, supply, storage, sales

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As the global energy market faces complicated situations, China’s top economic planner, the National Development and Reform Commission, will take a slew of measures to continue to optimise energy production, supply, storage and sales to secure energy supply and stabilise prices, top commission official Li Yunqing told a recent press conference.

“At present, China’s energy supply is generally stable, but the supply and demand situation and the international market environment are still complicated,” Li was quoted as saying by official Chinese media.

The commission will guide coal-producing provinces and enterprises to maintain normal production, sales and delivery during the Spring Festival, and coordinate coal production, transport and sales in a timely manner.

As the global energy market faces complicated situations, China’s top economic planner, the National Development and Reform Commission, will take a slew of measures to continue to optimise energy production, supply, storage and sales to secure energy supply and stabilise prices, top commission official Li Yunqing told a recent press conference.

Efforts will be made to promote full production of domestic oil and gas fields and ensure the security and stability of crude oil, pipeline gas and LNG imports.

To facilitate reasonable energy consumption for economic and social development, the commission will coordinate the usage of coal for power generation and as raw material, optimize inter-provincial and inter-regional power allocation and strengthen natural gas supply in the northern region, Li said.

New energy power generation will be also increased through multiple channels. The construction of large-scale wind power photovoltaic projects will be accelerated in desert areas and the energy mix will be optimized.

The commission stressed ensuring a stable and orderly energy supply during important periods including the Spring Festival holiday and the Beijing Winter Olympics and Paralympics, while securing energy supply for winter heating.

Fibre2Fashion News Desk (DS)



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