No.1 Central Doc Reveals Potential for LNG Market in Rural Areasy
On Feb 21, 2021, China State Council published 2021’s No.1 Central Document on issues relating to agriculture, rural areas, and rural people, and regarding the rural public infrastructure establishment, the No.1 Central Doc emphasized to push forward the clean energy system in rural areas, to implement the natural gas promotion in rural areas, and to build up a reliable LNG storage facilities and matched micro pipeline grids.
On the one hand, as an essential part of the coal-to-gas switch progress, the bulk coal burning and residential heating upgrade in rural areas have been left as the last and hardest part to be solved. On the other hand, the LNG direct supply business pattern was also bogged into a dilemma in recent years and anticipated new breakthrough out of the traditional market. Therefore, the emerging rural LNG storage station market and the micro pipeline grids will unlock unprecedented LNG demand in the vast rural regions and help the LNG truck loading and direct supply a new path to maintain its soaring growth speed and future market sustainability.
