The Oil and Gas Industry and the Development of the Natural Gas Automobile Industry

Abstract

Since the 21st century, the natural gas industry has matured gradually with the accelerating consumption of oil resource, so that the traditional gas-guzzling automobile industry developed a new direction for the new fuel-efficient car industry. The proportion of natural gas import continues to increase with the continuous downturn of oil price. This is not a lack of domestic gas supply capacity, but follows market and current policy trends to encourage gas imports. For decades, Europe and Japan have invested a lot of money and manpower used in automobile alternative clean fuels, research, development and test of new car, and accumulated rich experience in technology and popularization. Although it started late in China, it is close to or above the international level in some technical fields, such as electric cars.