China lifted underground gas storage capacity to 10.2 bcm
1/23/2020
China had built a total of 27 underground gas storage tanks with combined capacity of 10.2 billion cubic metres (bcm) by 2019, a 44% increase year-on-year, state television reported.
Underground gas storage tanks, which typically serve as reservoirs, help to manage peak load and ensure flexibility in gas supplies.
China is speeding up gas infrastructure construction to avoid a possible energy crunch as demand for the fuel increases.
The country is expected to lift its underground gas storage capacity to 13 bcm in 2020, to 20 bcm by 2023 and to over 40 bcm by 2030, the television channel reported (Reporting by Muyu Xu and Shivani Singh; Editing by Jan Harvey)
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