Tianfeng Securities: Currently, coal-to-gas has once again reached an industry catalysis node.

Tianfeng Securities pointed out that in recent years, with the improvement of the market-based pricing mechanism for coal-to-gas, the national pipeline network "X+1+X" realizes fair access for coal-to-gas enterprises. Xinjiang's abundant coal resources provide sufficient raw material guarantee, and the high-end localization breakthrough of coal chemical technology has been achieved. Combined with the reduction of investment costs brought by the large-scale and high-pressure equipment, the current coal-to-gas industry is facing more mature development conditions. Currently, coal-to-gas is once again at an industrial catalytic node, with a total of 12 projects totaling 44 billion cubic meters/year in planning in China.