Proceedings of the Fifth International Conference on Economic and Business Management (FEBM 2020)

Study on China Turkmenistan Natural Gas Trade Cooperation From the Perspective of Supply-Demand Balance and Diminishing Marginal Utility

Authors
Gulinaer Yusufu, SunHui Xin
Corresponding Author
Gulinaer Yusufu
Available Online 14 December 2020.
DOI
10.2991/aebmr.k.201211.011How to use a DOI?
Keywords
Natural gas, energy trade, supply-demand balance, marginal utility of trade
Abstract

With the advancement of policies about domestic environmental protection, energy saving, and conversion of coal-to-gas project, the market demand for natural gas has greatly stimulated. Turkmenistan is rich in natural gas resources, after cooperating with China in the field of natural gas, Turkmenistan has achieved gratifying achievements and provided an endless source of energy for China’s economic development.This paper firstly analyzes the current situation of domestic natural gas supply and demand in China and the reasons for the imbalance between supply and demand, then analyzes the present situation of China-Turkmenistan natural gas trade cooperation, at last analyzes the possibility of continuous export of natural gas from Turkmenistan to China from the perspective of marginal utility of natural gas trade. Following conclusions are drawn: China’s natural gas dependence on foreign countries continues to rise;the natural gas trade cooperation between China and Turkmenistan has highly complementarity and entered a deep stage of development; there is a greater development space for deepening the natural gas trade between China and Turkmenistan.

Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

Volume Title
Proceedings of the Fifth International Conference on Economic and Business Management (FEBM 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
14 December 2020
ISBN
978-94-6239-296-0
ISSN
2352-5428
DOI
10.2991/aebmr.k.201211.011How to use a DOI?
Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Gulinaer Yusufu
AU  - SunHui Xin
PY  - 2020
DA  - 2020/12/14
TI  - Study on China Turkmenistan Natural Gas Trade Cooperation From the Perspective of Supply-Demand Balance and Diminishing Marginal Utility
BT  - Proceedings of the Fifth International Conference on Economic and Business Management (FEBM 2020)
PB  - Atlantis Press
SP  - 57
EP  - 63
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.201211.011
DO  - 10.2991/aebmr.k.201211.011
ID  - Yusufu2020
ER  -