The Chinese government has released the country's 15th Five-Year Plan for Oil and Natural Gas Development, setting new 2030 targets aimed at strengthening energy security, expanding domestic production and increasing gas infrastructure capacity (Xinhua News Agency, 17/08/2026).
Under the plan:
- Domestic oil and gas supply is expected to reach 440 Mtoe by 2030, up from 420 Mtoe in 2025 (+5%).
- China plans to add 20,000 km of long-distance oil and gas pipelines, increasing the national trunk pipeline network to 220,000 km by the end of the decade.
- Onshore natural gas import capacity is set to increase to 114 bcm/year, alongside the construction of strategic projects, including the Hainan-Guangdong gas pipeline and the Lianyungang-Yizheng crude oil pipeline.
- LNG import capacity is targeted to reach 200 Mt/year by 2030, while natural gas storage capacity should exceed 13% of annual domestic gas consumption.
- China also plans to reach 10 MtCO2/year injection for carbon capture, storage, and CCUS technologies.
In addition, the plan calls for the completion of a comprehensive national petroleum reserve system while supporting the development of green fuels, and the integration of solar, wind and geothermal energy in oil and gas production areas.
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