Yang Shi Wang·2025-11-16 02:25Energy Supply and Demand Overview - The overall energy supply and demand situation is being assessed as the peak winter season approaches in 2025 [1] - Key resources such as natural gas and coal are being prepared for supply [1] Natural Gas Supply - China National Petroleum Corporation (CNPC) has entered the natural gas winter supply phase, with resources from various oil and gas fields being allocated nationwide, ensuring overall supply security for this winter and spring [3] - The largest gas storage facility, the Huitu Bih Gas Storage in Xinjiang, has injected over 5 million cubic meters of natural gas into the pipeline, while the Tarim Oilfield's Keriya Gas Storage has surpassed 200 million cubic meters, supporting gas demand in southern Xinjiang [5] - CNPC is maximizing production from oil and gas fields and coordinating natural gas imports, achieving a peak daily supply of 738 million cubic meters as of November 11, with seven gas storage facilities operational to ensure heating in northern regions [7] Coal Supply - The China Electricity Council indicates that the coal supply and demand are currently balanced, creating favorable conditions for electricity supply during the winter peak [9] - The National Energy Administration is urging coal-producing provinces and companies to accelerate the construction of coal reserve projects to enhance emergency supply capabilities [10] - Since October, the national average daily coal production has remained above 12.3 million tons, with power plants holding 227 million tons of coal as of November 11, sufficient for 35 days of use [10] Electricity Supply and Demand - The China Electricity Council forecasts a generally balanced electricity supply and demand during the winter peak, although some regions, particularly in North and East China, may experience tighter supply during peak periods [12]