China's natural gas production ranks among the top 10 in the world

According to the annual statistics published by the United States "Oil & Gas Journal", in the past decade, the world's natural gas production has generally risen, but the rate of increase has slowed significantly to 0.78%. In 2007, the total amount was 285,562 million cubic meters, compared with 4.08 in 2005. %, in 2006 it was 1.92%. OPEC's natural gas production dropped sharply to 0.61% after high-speed growth in the previous two years. In 2007, it produced 464.386 billion cubic meters of natural gas, which had increased by 10.43% in 2005 and 4.67% in 2006. Natural gas production in the Beihai Old District continued to decline. Following the 1.11% fall in the previous year, it continued to fall 4.06% in 2007, producing 19.723 billion cubic meters per year.
In recent years, China has achieved outstanding achievements in natural gas exploration and development. The average annual increase in natural gas production is about 18%. In 2007, it still maintained a rapid growth of 16.5% and the output reached 68.853 billion cubic meters. China’s position in the rankings of natural gas production in various countries is also ranked 11th in the previous two years, ranking among the top ten and ninth. The top ten countries ranked in order: Russia, the United States, and Canada are still in the top three, followed by Algeria, Norway, Iran, the Netherlands, the United Kingdom, China, and Indonesia. With the exception of China, the rankings of other countries have not changed much from the previous year, but Saudi Arabia, which has been ranked 10th in previous years, has dropped to 12th and was surpassed by China and Mexico.

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