china natural gas industry development trend and investment decision analysis report, 2013 2020

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2011 版 紧紧紧紧紧紧紧 紧紧紧紧紧紧 800-8306390 800-8306395 400-0687188 0755-82940718 [email protected] China Natural Gas Industry Development Trend and Investment Decision Analysis Report, 2013-2020 No comprehensive trend forecast, no gain. (Help you to discover the unsatisfied market need of natural gas industry, and explicit the development trend and prospect.)

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Page 1: China natural gas industry development trend and investment decision analysis report, 2013 2020

2011紧固件制造行业

前 瞻 服 务 热 线 : 800-8306390 800-8306395 400-0687188 传 真 : 0755-82940718 [email protected]

China Natural Gas Industry Development Trend and Investment Decision Analysis Report, 2013-2020No comprehensive trend forecast, no gain.

(Help you to discover the unsatisfied market need of natural gas industry, and explicit the

development trend and prospect.)

Page 2: China natural gas industry development trend and investment decision analysis report, 2013 2020
Page 3: China natural gas industry development trend and investment decision analysis report, 2013 2020

Preface

Key for management is decision making while key for decision making is forecast. The outstanding corporations would prefer to spend great efforts in seeking the current demand, potential need and new requirement of the industry.

As a clean, low-carbon and environmental energy, natural gas has become popular for investment market. However, many problems still needed to be settled urgently, such as “how is the development trend of the industry”, “how is the market capacity”, “what kind of field does the potential segment market mainly concentrated in”, “what are the development dilemmas and how to settle down”, “what are the investment hotspots” and “how is the investment trend of the leading corporations”. Therefore, the outstanding natural gas corporations pay more and more attention to the research of industrial development trend, especially the in-depth research of development dilemma and investment opportunities.

The most significant features of this report are perceptiveness and timeliness. It is with a forward-looking analysis of massive first-hand research data; it conducts an in-depth and objective analysis about the overall market capability, market size, competition structure and market demand characteristics; it gives a prudent analysis and forecast of natural gas industry according to the industry development track and Forward’s years of practical experience. In conclusion, it is a significant report to learn about the latest development trend, grab market opportunities, and make correct marketing decision and explicit corporations’ development trend for all natural gas management corporations, Natural Gas exploration and manufacturing corporations, R&D institutes, transformation and distribution corporations and Investment corporations. Besides, it is the first heavyweight report to give a comprehensive and systematic analysis about the upstream and downstream industrial chain, as well as key corporations in natural gas industry.

This report is useful for natural gas management corporations, natural gas exploration and manufacturing corporations, R&D institutes, transformation and distribution corporations and Investment corporations for the following reasons: it will help them to accurately know the latest development trend and timely discover the market gaps, opportunities, growth points and profit points of industrial textile industry; it will assist them to grasp the unmet market demand and development trend prospectively, form the sustainable advantages, avoid the investment risks effectively, consolidate or expand relevant strategic target markets more efficiently, and firmly grasp the competition initiative.

Here, we would like to express our sincere gratitude to China Gas Website, Natural Gas Association in different provinces and cities, State Information Center, Bureau of Statistics of China, General Administration of Customs, International Information Research Institute, Chinese Academy of International Trade and Economic Cooperation, Tsinghua University Library and Development Research Center of the State Council, for their great support when we conduct this report!

Special Notes: Neglecting the subtle signals of dramatically changing external environment, and untimely update strategies along with the changing environment will lead to the loss of competition advantages. The successful corporations will keep a scientific analysis upon the external environment before making their significant operational strategies!

Page 4: China natural gas industry development trend and investment decision analysis report, 2013 2020

Forward Business Intelligence sincerely wishes every ambitious corporation can make a significant operational strategy, effectively avoid the industry risks and gain the continuous success!

Forward Business Intelligence Co., Ltd. Industry Research Center Research Team of Natural Gas Industry

Page 5: China natural gas industry development trend and investment decision analysis report, 2013 2020

CONTENTS

Chapter I:Life Cycle and Development Trend of Natural Gas Industry1.1 Definition of the Industry

1.1.1 Definition1.1.2 Classification1.1.3 Analysis of the Industry Chain

1.2 Life Cycle of the Industry1.2.1 Life Cycle Theory1.2.2 Life Cycle of Natural Gas Industry(1) Growth Characteristics of Natural Gas Industry(2) Competition Characteristics of Natural Gas Industry(3) Profit Characteristics of Natural Gas Industry1.2.3 Admeasurement of the Life Cycle Phrase of China Natural Gas Industry

1.3 Overall Development Trend of China Natural Gas in next 8 Years1.3.1 The Natural Gas Gap May Enlarged in next 8 Years1.3.2 The Unconventional Gas will Develop in Large-scale in next 8 Years1.3.3 China Natural Gas Industry will be Faced with Price System Problem in next 8 Years1.3.4 The Shale-Gas Resource May be Developed in Large-scale in next 8 Years1.3.5 China Natural Gas Distributed-energy-resource is Hopefully to Develop in Large-scale in next

8 Years1.3.6 The Investment Focuses of Natural Gas will lay in Downstream Chain in next 8 Years

Chapter II:Supply Market Forecast of China Natural Gas Industry during 2013-20202.1 Supply Scale Forecast of China Natural Gas Market during 2013-2020

2.1.1 Influencing Factors to the Natural Gas Supply Scale in the Future(1) Reserve and Production Ratio of Natural Gas in the Future(2) Influence of the Policy Trend to Natural Gas in the Futurea. As the Clean Energy, Natural Gas Will Be the Emphasized Energy to Develop in the Futureb. Develop Natural Gas Will Be the Inevitable Choice to Adjust National Energy Structure and

Energy Security(3) Influence of the Technology to Natural Gas in the Future(4) Price Trend Forecast of Natural Gas during 2013-2020a. Price Trend of Natural Gas in Foreign Countriesb. Price Trend Forecast of Natural Gas during 2013-2020 in China2.1.2 Supply Scale Forecast of China Natural Gas Market during 2013-2020

2.2 Supply Structure Forecast of China Natural Gas during 2013-20202.2.1 Supply Structure Forecast of China Natural Gas in the Future(1) Hierarchical Prediction Method(2) Data Reasoning of China Natural Gas Supply Source in the Future(3) Supply Structure Forecast of China Natural Gas during 2013-20202.2.2 Forecast of the Largest Supply Market in the Future-Conventional Gas(1) Influencing Factorsa. Production Trend of China Conventional Gasb. Planning on Major China Conventional Gas in the Future(2) Supply Scale Forecast of China Conventional Gas during 2013-20202.2.3 Forecast of the Most Potential Supply Market in the Future-Unconventional Gas

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(1) Tight Gas Will Develop in Large-scale in next 8 Yearsa. Distribution of China Tight Gas Resourcesb. Supply Scale Forecast of China Tight Gas during 2013-2020(2) Shale Gas May Become the New Power of Unconventional Gas in next 8 Yearsa. Distribution of China Shale Gas Resourcesb. Supply Scale Forecast of China Shale Gas during 2013-2020(3) Coal-bed Gas Will Be Marketization in next 8 Yearsa. Distribution of China Coal-bed Gas Resourcesb. Supply Scale Forecast of China Coal-bed Gas during 2013-2020(4) Coal Gas Will Become the Significant Supplement in next 8 Yearsa. Distribution of China Coal Gas Resourcesb. Supply Scale Forecast of China Coal Gas during 2013-2020(5) Import Gas Will Steadily Increase in next 8 Yearsa. Imports of Pipeline Gas Will Increase Fast in next 8 Yearsb. Imports of LNG Will Grow Steadily in next 8 Years

Chapter III:Market Demand Forecast of China Natural Gas Industry during 2013-20203.1 Market Capacity Forecast of China Natural Gas Industry during 2013-2020

3.1.1 Econometric Model Construction of the Market Capacity of China Natural Gas Industry(1) Model Setting(2) Data Collection and Parameter Evaluation(3) Model Testa. Goodness-of-fit Evaluation and Durbin-Watson Testb. Significance Testing of Regression Coefficientc. Overall Significance Testing of Regression Equationd. Normality Teste. Economic Significance Test3.1.2 Market Capacity Forecast of China Natural Gas Industry during 2013-2020

3.2 Forecast of Major Segment Markets of China Natural Gas Industry during 2013-20203.2.1 Prediction Method and Idea of Segment Markets of China Natural Gas Industry(1) Hierarchical Prediction Method(2) Data Reasoning of China Natural Gas Segment Market in the Future(3) Forecast of China Natural Gas Consumption during 2013-20203.2.2 Market Demand Forecast of Natural Gas in the Field of Residents' Fuel Gas during 2013-2020(1) Natural Gas Market Demand to China Residents' Fuel Gas in next Decadea. Natural Gas Will Become the Alternative Energy with the Fast Growth in next Decadeb. The Popularity Rate of Natural Gas Will Greatly Increase in next Decade(2) Factors to Promote the Natural Gas Demand in Urban Areasa. Advantages of Natural Gasb. Strongly Policy Supportsc. Construction of Natural Gas Pipeline Networkd. Penetration Rate of User Amount Will Increasee. New Urbanization Promotes the Growth of User Amount(3) Forecast of China Town Gas Market Capacity during 2013-20203.2.3 Market Demand Forecast of Natural Gas in the Field of Power Generation during 2013-2020(1) Major Application of Natural Gas in Power Generation

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a. Peaking Power Plantb. Distributed Energy Sources(2) Market Demand Forecast of Natural Gas in the Field of Power Generation during 2013-2020a. Planning on Natural Gas Power Generation Scale during 2013-2020b. Market Demand Forecast of Natural Gas in the Field of Power Generation during 2013-20203.2.4 Market Demand Forecast of Natural Gas in the Field of Transportation during 2013-2020(1) Market Size Forecast of LNG Vehicle during 2013-2020(2) Market Demand Forecast of Natural Gas in the Field of Transportation during 2013-2020

Chapter IV:Development Dilemma and Solutions of China Natural Gas Industry in next 8 Years4.1 Enlarging Gap of Natural Gas Supply and Demand and the Solution in next 8 Years

4.1.1 China Natural Gas Supply and Demand during 2013-2020(1) China Natural Gas Supply-Demand Gap Will Enlarge(2) Foreign-trade Dependence of China Natural Gas Will Increase(3) Early Warming Status of China Natural Gasa. Supply and Demand Ratio of Natural Gasb. Early Warming Evaluation of Natural Gasc. Early Warming Status of Natural Gas4.1.2 Solutions to China Natural Gas Supply-Demand Gap in next 8 Years(1) Increase the Development of Unconventional Gas(2) Enlarge the Import Scale of Natural Gas

4.2 Improve the Reforming Way of Natural Gas Price Mechanism in next 8 Years4.2.1 Overview of Natural Gas Pricing Mechanism(1) Theory of Natural Gas Pricing Mechanisma. Principle Parts of Natural Gas Pricing Mechanismb. Methods of Natural Gas Pricing Mechanismc. Adjustment and Control of Natural Gas Price(2) Influencing Factors to Natural Gas Pricing Mechanisma. Industry Factorb. Political Factorc. International Market4.2.2 Analysis of Current Natural Gas Pricing Mechanism and Existing Problem(1) Evolution of China Natural Gas Price Management(2) Current Natural Gas Pricing Mechanism in Chinaa. Current Pricing Mechanism of Domestic Natural Gas(a) Pricing of Ex-factory Price(b) Pricing of Pipeline Transportation Price(c) Terminal Pricingb. Current Pricing Mechanism of Import Natural Gas(3) Existing Problems of Current Natural Gas Pricing Mechanism in Chinaa. Price Control Leads to Low Ex-factory Priceb. Accurate Alternative Energy Price Linkage Mechanism is not Formed Yetc. Single and Simple Pipeline Pricing, and Unreasonable Pipeline Transportation Priced. Connection Fee is High, and Cost of Pipeline Network Gas Distribution is Unreasonablee. Uncompleted Import Gas Pricing Mechanism, and the Gas Price is Upside Down4.2.3 Highlights of the Natural Gas Pricing Mechanism in Developed Countries

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(1) Pricing of Natural Gas Wellhead Pricea. Market Pricing-Americab. Competition Pricing-British (2) Pricing of Pipeline Transportation Pricea. Making Pipeline Transportation Fee Rate, and Introducing Third-party Access System-Americab. Price Cap Pricing-British (3) Pricing of Terminal Market Pricea. Service Cost Pricing-Americab. Market Pricing-British 4.2.4 Forward's Picture about Natural Gas Pricing Mechanism(1) Basic Fundamental of China Natural Gas Pricing Mechanism in the Future(2) Recommended Mechanism One: Net Market Value Method(3) Recommended Mechanism Two: Improve Pipeline Transportation Fee System, "Two

Departments System" of Cost-recovering (4) Recommended Mechanism Three: Gas Distribution Fee Implement "Two Department System"(5) Recommended Mechanism Four: Price Discrimination of Terminal Price

Chapter V:Investment Hotspot of China Natural Gas Industry in next 8 Years: Shale Gas5.1 Development Status of China Shale Gas

5.1.1 Resource Investigating Status5.1.2 Resource Management Status5.1.3 Resource Exploration Status5.1.4 Foreign Cooperation Status5.1.5 Key Technical Problem Status

5.2 The Next 8 Years Will be the Golden Period for Shale Gas Investment5.2.1 Shale Gas Becomes the Independent Mineral5.2.2 Be Engaged in Mining Actively 5.2.3 Publishing the Development Planning5.2.4 Subsidy Policy to Development and Utilization5.2.5 Commercialization Potential is Large

5.3 Investment Experience of Shale Gas in Foreign Countries5.3.1 Development of Shale Gas in America(1) Production of Shale Gas in America(2) Development Planning of Shale Gas in America(3) Development Forecast of Shale Gas in America5.3.2 Development Experience of Shale Gas in America(1) Preferential Policy of the Government(2) Development Progress of the Technology(3) Open Competition Environment(4) Completed Market Supervision(5) Completed Infrastructure(6) Professional Technology Service5.3.3 Typical Case Study-Devon(1) Technology Innovation and Lasting(2) Enlarging Resource Scale and Production Capability through Merger5.3.4 Highlight and Development Differences of Shale Gas between China and America

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(1) Development Differences of Shale Gas between China and Americaa. Complex Geological Structure of China Shale Gasb. Development of China Shale Gas is Lack of Core Technologyc. China is Difficult to Copy American Model due to Limited Water Resources d. Contradiction of High Cost of Shale Gas Development and Enormous Investment in Chinae. Limitation of the Development and Pricing Mechanism of China Natural Gas(2) Highlight of the Development of American Shale Gas for ChinaHighlight One: Advanced Management Experience in AmericaHighlight Two: Encourage Private Corporations to Get Involved, Increase Market Competition, and

Promote Commercialization EfficiencyHighlight Three: Improve the Policy Supports to Shale Gas DevelopmentHighlight Four: Construct and Improve the Macro-Management System of Shale Gas Development

5.4 Investment Value and Investment Strategy to China Shale Gas in next 8 Years5.4.1 Analysis of the Investment Prospects5.4.2 Analysis of the Investment Risks(1) Immaturity Technology(2) Difficult to Develop(3) High Development Cost(4) High Environment Risk5.4.3 Investment Suggestions to Shale Gas(1) Evaluation of Development Phrasea. Exploration Phrase (by the year of 2015)b. Large-scale Exploration Phrase (2015-2020)(2) Evaluation of Industrial Value Chain(3) Recommended Investment Fieldsa. Exploration Chainb. Equipment Manufacturingc. Technology Serviced. Mining Chain

Chapter VI : Investment Hotspot of China Natural Gas Industry in next 8 Years: Natural Gas Distributed Energy Resource

6.1 Advantages of Natural Gas Distributed Energy Resource6.1.1 High Conversion Efficiency6.1.2 Supply Power to Remote Area6.1.3 Improve Liability of Power Supply

6.2 Market Prospects of Natural Gas Distributed Energy Resource6.2.1 Development Status of Natural Gas Distributed Energy Resource6.2.2 Market Prospects of Natural Gas Distributed Energy Resource

6.3 Project Economics of Natural Gas Distributed Energy Resource6.3.1 Analysis of Project Capacity Range6.3.2 Analysis of Irradiation Loop6.3.3 Analysis of Project Investment Pay-back-Period6.3.4 Analysis of Project Initial Outlay6.3.5 Analysis of Annual Saving Cost

6.4 Market Capacity of Natural Gas Distributed Energy Resource in next 8 Years

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6.5 Commercial Investment Model and Realization Ways of China Natural Gas Distributed Energy Resource in next 8 Years

6.5.1 Commercial Investment Model of China Natural Gas Distributed Energy Resource in next 8 Years

(1) Design Principles Needed to Followa. Persistence Principleb. Customer Value Maximization Principlec. Resource Integration Principled. Risk Control Principle(2) Prediction of Future Investors(3) Commercial Investment Model during Investment and Construction Phrasea. Major Works during Investment and Construction Phraseb. Principle Market Parts during Investment and Construction Phrase(a) Government Department(b) Distributed Energy Equipment Suppliers(c) Distributed Energy Investors(d) Energy Management Services(e) Usersc. Investment Model during Investment and Construction Phrase(4) Commercial Investment Model during Operation and Maintaining Phrasea. Major Contents during Operation and Maintaining Phraseb. Principle Market Parts during Operation and Maintaining Phrase(a) Government Department(b) Distributed Energy Equipment Suppliers(c) Distributed Energy Investors(d) Energy Management Services(e) Usersc. Investment Model during Operation and Maintaining Phrase6.5.2 Commercial Investment Ways of China Natural Gas Distributed Energy Resource in next 8

Years(1) Development Ways(2) Market Development Strategya. Selection of Target Marketb. Positioning of Target Market(a) Product Positioning(b) Corporation Positioning

6.6 Business Model of China Natural Gas Distributed Energy Resource in the Future6.6.1 Optional Business Models in next 8 Years6.6.2 Introducing Contract Energy Management Mechanism to Natural Gas Distributed Energy

Resource6.6.3 Major Models of Contract Energy Management Mechanism to Natural Gas Distributed Energy

Resource(1) Benefit-Sharing Model(2) Energy Saving and Quality Guarantee Model(3) Energy Fee Collocating Model

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Chapter Ⅶ:Investment Characteristics to China Natural Gas Industry Chain in Next 8 Years7.1 Investment Opportunities to Natural Gas Industry Chain in next 8 Years

7.1.1 Investment of Natural Gas Industry Chain7.1.2 Investment Opportunities to the Upstream(1) Investment Opportunity One: Oil Gas Equipmenta. Fracturing Equipment(a) Market Size Forecast(b) Market Competition(c) Major Competitorsb. Other Equipment(a) Well Drilling(b) Coiled Tubing Equipment(2) Investment Opportunity Two: Energy Servicea. Energy Business Demand to Develop Shale Gasb. Private Corporations May Become New Investors7.1.3 Investment Opportunities to the Midstream(1) Investment Reasonsa. Small-sized Liquidation Equipment with a Strong Profitabilityb. Structure of Constructed LNG Liquidation Equipment(2) Investment Scale Forecast of Small-sized Liquidation Equipment Market7.1.4 Investment Opportunities to the Downstream

7.2 Investment Characteristics of Leading Natural Gas Corporations in next 8 Years7.2.1 Investment Characteristics of Leading Upstream Corporations in next 8 Years(1) Investment Characteristics of Jerry Co., Ltd.(2) Investment Characteristics of LandOcean Energy Services Co., Ltd.(3) Investment Characteristics of hina Oil Hbp Science & Technology Co., ltd.7.2.2 Investment Characteristics of Leading Midstream Corporations in next 8 Years(1) Investment Characteristics of Jiangsu Yulong Steel Pipe Co., Ltd.(2) Investment Characteristics of Zhejiang Kingland Pipeline and Technologies Co., Ltd.(3) Investment Characteristics of Petrochina Jinhong Energy Investment Co., ltd.7.2.3 Investment Characteristics of Leading Downstream Corporations in next 8 Years(1) Investment Characteristics of Sichuan Meifeng Chemical Industry Co., Ltd.(2) Investment Characteristics of Shenzhen Fuel Gas Co., Ltd.(3) Investment Characteristics of ZHEJIANG JIANGSHAN CHEMICAL CO., LTD.

Attachment One: Development Status of China Natural Gas Industry in 20121. Analysis of Natural Gas Reserve

1.1 Growth of Natural Gas Reserve1.2 Structure of Natural Gas Reserve

2. Balance between Supply and Demand of Natural Gas2.1 Production of Natural Gas2.1.1 Gross Production of Natural Gas2.1.2 Regional Distribution of Natural Gas Production2.2 Imports of Natural Gas2.2.1 Gross Imports of Natural Gas2.2.2 Imports Status of Major Import Countries

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2.2.3 Dependence Degree of Natural Gas Imports2.3 Consumption of Natural Gas2.3.1 Consumption Amount of Natural Gas2.3.2 Regional Distribution of Natural Gas Consumption2.4 Balance between Supply and Demand of Natural Gas

Attachment Two: Typical Market Data of China Natural Gas Industry during 2012-20151. Valuation Index and Rate Changes of Major Listed Corporations during 2012-20152. Market Share of Major Corporations of Natural Gas Industry Chain in Current Years3. Major Listed Corporations Relate to Natural Gas Development in Current Years4. Major Natural Gas Pipeline in China during 2004-2015 (Part One)5. Major Natural Gas Pipeline in China during 2004-2015 (Part Two)6. Statistics of LNG Receiving Stations which Plan to Construct, under construction, and had

been constructed

Attachment Three: Operation of Leading Natural Gas Corporations in China in 20121. Operation of Yantai Jereh Oilfield Services Group Co., Ltd.

1.1 Major Economic Index1.2 Profitability of the Company1.3 Operation Capability of the Company1.4 Debt-paying Capability of the Company1.5 Development Capability of the Company

2. Operation of LandOcean Energy Services Co., Ltd.2.1 Major Economic Index2.2 Profitability of the Company2.3 Operation Capability of the Company2.4 Debt-paying Capability of the Company2.5 Development Capability of the Company

3. Operation of CHINA OIL HBP SCIENCE & TECHNOLOGY CO., LTD.3.1 Major Economic Index3.2 Profitability of the Company3.3 Operation Capability of the Company3.4 Debt-paying Capability of the Company3.5 Development Capability of the Company

4. Operation of Jiangsu Yulong Steel Pipe Co., Ltd.4.1 Major Economic Index4.2 Profitability of the Company4.3 Operation Capability of the Company4.4 Debt-paying Capability of the Company4.5 Development Capability of the Company

5. Operation of ZHEJIANG KINGLAND PIPELINE AND TECHNOLOGIES CO., LTD.5.1 Major Economic Index5.2 Profitability of the Company5.3 Operation Capability of the Company5.4 Debt-paying Capability of the Company5.5 Development Capability of the Company

6. Operation of LANPEC TECHNOLOGIES CO., LTD.

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6.1 Major Economic Index6.2 Profitability of the Company6.3 Operation Capability of the Company6.4 Debt-paying Capability of the Company6.5 Development Capability of the Company

7. Operation of Anhui Ankai Automobile Co., Ltd.7.1 Major Economic Index7.2 Profitability of the Company7.3 Operation Capability of the Company7.4 Debt-paying Capability of the Company7.5 Development Capability of the Company

8. Operation of SHENZHEN GAS CORPORATION LTD8.1 Major Economic Index8.2 Profitability of the Company8.3 Operation Capability of the Company8.4 Debt-paying Capability of the Company8.5 Development Capability of the Company

9. Operation of Shenzhen Gas Corporation Ltd.9.1 Major Economic Index9.2 Profitability of the Company9.3 Operation Capability of the Company9.4 Debt-paying Capability of the Company9.5 Development Capability of the Company

10. Operation of Zhejiang Jiangshan Chemical Co., Ltd.10.1 Major Economic Index10.2 Profitability of the Company10.3 Operation Capability of the Company10.4 Debt-paying Capability of the Company10.5 Development Capability of the Company

By Qianzhan IntelligenceWebsite: http://en.qianzhan.com/Tel:+86 0755 33220413 Email us: [email protected]