Study on China Turkmenistan Natural Gas Trade Cooperation From the Perspective of Supply-Demand Balance and Diminishing Marginal Utility
- 10.2991/aebmr.k.201211.011How to use a DOI?
- Natural gas, energy trade, supply-demand balance, marginal utility of trade
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.
- © 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 -