In 2023, a total of 31 oil and gas exploration rights with an area of 20,000 square kilometers will be listed for sale

The recently released "China Natural Gas Development Report (2024)" shows that China's natural gas infrastructure is accelerating construction and storage capacity is further improving. In 2023, the total length of long-distance natural gas pipelines in China will be 124,000 kilometers, an increase of over 4,000 kilometers compared to the previous year. The newly added gas storage capacity for the whole year is 7.6 billion cubic meters, and the total national liquefied natural gas receiving capacity is about 120 million tons per year. The "One National Network" is interconnected and flexibly adjusted according to market and user needs, ensuring a stable and positive supply situation.