China is expanding natural gas storage capabilities to ensure a reliable and sustainable energy future as part of its "carbon peaking and neutrality" strategy. It plans to establish six major gas storage centers across the country, with a total of 50 gas storage facilities and an estimated working gas volume exceeding 100 billion cubic meters.
In 2020, the country issued a guideline on further beefing up the infrastructure construction and storage capacity of natural gas to promote stable and sound development of the sector. China Oil & Gas Piping Network Corporation (PipeChina) is leading the charge in building and operating gas storage to support China's energy goals.