A Research On China's Private Capital Entering Into Natural GAS Industry

Natural gas is a kind of clean and highly efficient energy. As the condition of china's energy becomes worse and worse and the awareness of environmental protection is improving, the government has made up its mind to exert every effort to promote the use of natural gas. In the "fifteen" plan it has been explicitly stated that the consumption proportion of natural gas as a once-off energy should be lifted from present 3% to 6%~7% in the year 2010. This leads to an inevitable development of the natural gas industry. However, in the process of China's current natural gas industry development, there exist problems characterized by capital bottle neck and sluggish development in the downstream market. These problems cannot be solved solely depending on the government and state owned gas companies. Meanwhile the private capital in China has witnessed an ever growing scope of capital...