Interpretation of the “Coal to Gas” Policy

In order to promote the supply-side structural reform of energy and to improve the quality of the atmospheric environment,the domestic energy industry is vigorously promoting ＂coal to gas＂ projects.While the state government is introducing a series of policies,including environmental protection policies,local governments are also play an active role in introducing relevant policies to promote ＂coal to gas.＂ Currently,there are two main problems confronting the implementation of the ＂coal to gas＂ policy：The first is determining how to ensure a gas supply,and the second is that the price of natural gas is much higher than that of coal and has held back the progress of ＂coal to gas.＂ In terms of future policies and market trends,it is believed that the state will tighten tax laws as well as emission standards,and the use of coal in power generation,the fuel industry,the chemical industry,and other areas will decrease while the demand for natural gas will continue to increase.