Chongqing Municipal Development and Reform Commission issued the notice of the joint office for promoting the construction of Chengdu Chongqing twin city economic circle on the implementation of major projects in 2022. There are 160 major projects in 2022, with an estimated total investment of about 2036.7 billion yuan and an annual planned investment of 183.5 billion yuan. Among them, the total investment of energy infrastructure projects is 741.3 billion yuan, including Chengdu Chongqing middle line high-speed railway, Sichuan Chongqing 100 billion square meters natural gas base, etc. a number of transportation, energy and adjacent platform infrastructure projects will be accelerated.
According to the analysis of brokerage Research Report, the natural gas industry will usher in a golden age. On February 2, the EU Classification Act proposed supplementary authorization for nuclear power and natural gas, which is classified as a green “transitional” energy for sustainable investment to accelerate decarbonization, and is expected to increase EU investment in nuclear power and natural gas. According to the news on the website of the National Bureau of statistics on January 27, in 2021, among the 41 major industrial industries, the total profit of 32 industries increased over the previous year, 8 industries decreased, and 1 industry changed from profit to loss. Among them, the total profit of oil and gas exploitation industry increased by 5.85 times over the previous year.
According to public data, Chongqing Gas Group Corporation Ltd(600917) is the largest gas supply and comprehensive service provider with the widest coverage in Chongqing. In 2020, as the largest shareholder, it participated in the establishment of Chongqing Yuxi Natural Gas Pipeline Co., Ltd. Chengdu Gas Group Corporation Ltd(603053) mainly engaged in urban gas business. In 2020, the construction project of high-pressure natural gas transmission and storage pipeline of Chengdu ring expressway was officially accepted and reached the conditions for operation. The joint-stock company, Sichuan Deyang Xinchang Gas Field Development Co., Ltd., is mainly engaged in oil and gas exploitation. Chongqing Chuanyi Automation Co.Ltd(603100) intelligent transmitter, intelligent regulating valve, intelligent actuator, intelligent flow instrument, material level instrument, temperature instrument and other products can be used for the development, production or transportation of natural gas and shale gas. Sichuan Guangan Aaa Public Co.Ltd(600979) is a high-quality gas supplier in Guang’an, with about 470000 power supply customers, more than 20 gas storage and distribution facilities, and a daily gas supply capacity of 1.34 million m3, accounting for 100% of the pipeline gas supply market in the approved area.