Development and Reform Commission: The impact of rising international oil and gas prices on China is generally controllable
Release time:2022-03-17 11:36
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Development and Reform Commission: The impact of rising international oil and gas prices on China is generally controllable.

Recently, international crude oil and natural gas prices have risen further. "Because China's crude oil and natural gas extraction ratio is relatively high, it will definitely be affected, and import costs will objectively rise, but the impact is generally controllable." On March 7, Lian Wei, deputy director of the National Development and Reform Commission, said: Liang said at a press conference of the State Council Information Office. China is a major energy consumer and a major energy producer, and its energy supply is generally guaranteed. According to him, the sources of China's crude oil and natural gas imports have been diversified, and long-term contracts account for a high proportion. As long as all parties comply with the contracts, imports can remain generally stable. At the same time, China is vigorously promoting the high-quality development of renewable energy and accelerating the implementation of renewable energy substitution. The rapid increase in clean energy will also effectively hedge and mitigate external impacts.

Although the challenges we face are becoming more and more severe, our country has the conditions, capabilities, confidence and means to ensure a safe and reliable supply of energy. This year, we will vigorously promote the construction of large-scale wind power photovoltaic bases focusing on deserts, Gobi and desert areas, and further strengthen energy reserves.

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