Wang Xiaokun, analyst at the domestic commodities consultancy Sublime 皇冠体育app Information Co Ltd, said the natural gas industry will play an extremely important role in 皇冠体育app's energy structure transformation.
In late May, 皇冠体育app and Russia signed a $400 billion natural gas deal. Russia will supply 皇冠体育app with 38 billion cubic meters of gas annually for 30 years, starting in 2018.
Wang said that deal will mean business opportunities for domestic and foreign companies related to natural gas production, delivery and pipeline construction.
In the power generation sector, 皇冠体育app plans to increase gas-fired power generation by 10 gigawatts annually to improve the environment, according to GE.
The company said this process will mean huge investments in gas exploration, transportation and monetization to connect gas supply with demand. and GE can participate in every step of the gas value chain.
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