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Policy & Regulation

Shandong signals less gung-ho approach to gas

A new policy document suggests the Chinese province is toning down its previous enthusiasm for increasing the utilisation of gas A new policy document suggests the Chinese province is toning down its previous enthusiasm for increasing the utilisation of gas.
By Tang Tian 25 April 2019 Asia Pacific / Policy & Regulation 0 34163
Sinopec's Qingdao LNG terminal. (Sinopec)

The key issue: Shandong province, a major gas consumption market in eastern China, recently released guidance for energy-related work in 2019 that included directions for the development and utilisation of gas-related sectors.

Interfax analysis: A new policy document issued by the government of Shandong suggests the Chinese province will be less gung-ho in developing gas consumption this year. The shift in stance is likely to be because of the slow development of gas storage in the province, which has bottlenecked supply.

In the...