China gas market to have 240 billion cubic meters of natural gas supplies by 2015

Interfax-China quoted a researcher with the National Development and Reform Commission said China gas market will have 240 billion cubic meters of natural gas supplies annually by 2015.
Mr Jiang Xinmin a researcher with NDRC Energy Research Institute said at an industry forum on March 17 that China is expected to produce more than 150 billion cubic meters of natural gas annually by 2015 while importing more than 50 billion cubic meters of natural gas annually via pipelines from Central Asia, Myanmar and Russia. The country will also import 30 billion cubic meters of liquefied natural gas per annum by 2015.
Mr Jiang said to increase market gas supplies and transmission capacity China will build 24,000 kilometers of gas pipeline and four LNG terminals in the next five years.
Unconventional gas supplies, such as coalbed methane tight gas and shale gas will also continue to grow in the next five years. Mr Jiang speculated that China aggregate output of these supplies could reach anywhere from 10 to 30 billion cubic meters by 2015.

(Source: http://www.steelguru.com/chinese_news/China_gas_market_to_have_240_billion_cubic_meters_of_natural_gas_supplies_by_2015_-_NDRC/196475.html)