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Michigan Technological University

Agricultural and Resource Economics

Shortage

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The Domestic Natural Gas Shortage In China, Ting Guo Jan 2014

The Domestic Natural Gas Shortage In China, Ting Guo

Dissertations, Master's Theses and Master's Reports - Open

This thesis analyzes the domestic shortage in the Chinese natural gas market. Both the domestic supply and demand of natural gas are growing fast in China. However, the supply cannot catch up with the demand. Under the present pricing mechanism, the Chinese natural gas market cannot get the equilibrium by itself. Expensive imports are inadequate to fill the increasing gap between the domestic demand and supply. Therefore, the shortage problem occurs. Since the energy gap can result in the arrested development of economics, the shortage problem need to be solved. This thesis gives three suggestions to solve the problem: the …