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Project Insights

Hubei Energy’s gas supply to stall in short term

The main energy company of central China’s Hubei province has made moves to beef up local gas supplies, but they will be too late to provide a boost in the short term The main energy company of central China’s Hubei province has made moves to beef up local gas supplies, but they will be too late to provide a boost in the short term.
By Tang Tian 23 May 2019 Asia Pacific / Exploration & Production 0 34242
Sinopec’s Lichuan gas processing plant in Hubei province. (Interfax)

The key issue: Hubei Energy Group, tasked with securing energy supplies for central China’s Hubei province, is pushing forward with a multibillion-dollar coal-to-gas production plant and several LNG terminals – all located on the Yangtze River.

Interfax analysis: Hubei Energy is investing in new sources of gas to alleviate supply tightness during the peak winter demand season and to capture more market share in its home market of Hubei province. The company sold 1.91 billion cubic metres of gas in Hubei last...