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Project Insights

Zhejiang grid coverage to fall short of 2020 goal

The Chinese province will fall short of a grid coverage goal set in 2016 seemingly as a result of a lack of incremental gas supply from national companies The Chinese province will fall short of a grid coverage goal set in 2016 seemingly as a result of a lack of incremental gas supply from national companies.
By Tang Tian 1 August 2019 Asia Pacific / Supply & Demand 0 34447
A storage tank at the Ningbo LNG terminal in Zhejiang. (CNOOC Zhejiang LNG)

The key issue: Zhejiang, one of the fastest-growing major gas markets in China, has decided to postpone construction of the final part of its provincial pipeline grid as conditions for building it have deteriorated.

Interfax analysis: Delays to three gas pipelines planned for Zhejiang may have been caused by the prospect of limited growth in gas supplies to the Chinese province over the next few years. The pipelines, the delays to which were announced by the provincial government in late June, represented...