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Colin Shek

China editor

Colin Shek directs editorial coverage of China's natural gas sector as the China news editor, and is also the Shanghai bureau chief for Interfax news agency. He joined the bureau in late 2010 and has reported on several industries in China including technology, telecommunications, media and agriculture. In the UK, he was a corporate finance journalist for a business-to-business magazine in Birmingham.

ENN city-gas storage tanks.

China gas distributors set for steady profitability

Gross margins on gas sales, an important driver of earnings growth for China’s gas distributors, will remain stable this year despite concerns they could be compressed by retail gas price cuts.

5 days ago Asia Pacific / Supply & Demand
ENN's Zhoushan terminal in China

Tariff hike leaves US-China LNG trade dead in the water

With no end to the US-China trade talks in sight, American access to the fastest-growing major LNG market will be curtailed for the foreseeable future.

16 May 2019 Asia Pacific / LNG
An LNG tanker at the Ningbo terminal

CNOOC ramps up Ningbo LNG imports to feed Zhejiang’s demand

CNOOC’s LNG terminal in Zhejiang province recorded a big jump in import volumes for the first four months of 2019, bucking relatively weak growth in China’s overall gas imports over the period.

13 May 2019 Asia Pacific / LNG
A new energy bus in Shanghai manufactured by Yutong.

China’s new bus policy clouds outlook for LNG fleet

LNG-powered buses are set to lose out after government agencies jointly announced a new policy that will encourage the use of ‘new energy buses’.

10 May 2019 Asia Pacific / Policy & Regulation
CNOOC's LNG terminal in Tianjin

Australian dominance grows as China’s LNG imports rise

Australia increased its share of China’s LNG imports in Q1 2019 year on year, while China's LNG and pipeline imports both continued to grow at double-digit rates.

7 May 2019 Asia Pacific / Supply & Demand
A Sinopec Jianghan Drilling shale well

China’s gas output keeps rising but 2020 target still in doubt

The country’s production levels have been increasing steadily in recent months, but output is still short of what will be needed to meet the target of 200 bcm in 2020.

2 May 2019 Asia Pacific / Exploration & Production
Novatek's Yamal LNG project during its construction phase.

China-Russia energy ties deepen with Arctic LNG 2 farm-in

Novatek’s sale of a 20% stake in the Arctic LNG 2 project to CNOOC and CNPC will allow the Chinese NOCs to participate in an attractive world-scale liquefaction project.

26 April 2019 Asia Pacific / LNG
ENN's Zhoushan LNG terminal in China.

Zhejiang Energy joins growing list of China’s new LNG buyers

The company has signed an SPA with Exxon for 1 mtpa for 20 years, showing how provincial Chinese buyers are becoming increasingly significant LNG players.

23 April 2019 Asia Pacific / LNG
An aerial view of the Freeport LNG project.

Did US-China talks scupper ENN/Toshiba deal?

ENN has walked away from a deal to buy Toshiba’s US LNG business, which may reflect Chinese anxiety over the eventual outcome of US-China trade talks.

16 April 2019 Asia Pacific / Companies & Finance
China's Fuling shale gas field.

BP’s China shale exit underscores urgent need for upstream reform

Policy moves suggest the Chinese government wants to diversify the closed-off upstream sector to drive shale gas development in the long term.

15 April 2019 Asia Pacific / Exploration & Production
The Dapeng LNG terminal.

Chinese buyers leave US LNG developers empty-handed

US project developers could not entice Chinese buyers into new supply deals at LNG2019 in Shanghai last week, and the impasse is likely to persist while US and Chinese negotiators work on a trade agreement.

8 April 2019 Asia Pacific / LNG
CNOOC's Tianjin LNG terminal

Shenergy to build second Shanghai LNG terminal

Shanghai's Yangshan LNG terminal is set to supply neighbouring markets in the coming years, adding a second terminal will increase flexibility and resilience.

5 April 2019 Asia Pacific / LNG
The Power of Siberia gas pipeline

China’s piped imports to surpass LNG shipments in long run

CNOOC has forecast China’s demand for LNG imports will drop as new pipelines come onstream.

3 April 2019 Asia Pacific / Supply & Demand
Oil drilling in the Permian Basin.

NextDecade signs first US LNG contract linked to Brent

The company’s Brent-indexed supply deal with Shell underlines how project developers are adjusting to buyer demand for greater flexibility on terms such as pricing points.

2 April 2019 Americas / LNG
Sinopec's LNG terminal in Beihai, Guangxi province.

Low Asian spot prices to drive China’s LNG demand

The lowest spot LNG prices in the Asia Pacific region for nearly three years will entice Chinese buyers into the market and support import growth over the next few months.

26 March 2019 Asia Pacific / LNG
A CBM project in China

China cuts red tape to spur CBM development

New streamlined procedures will make it easier for Chinese players to bring in foreign partners on domestic CBM projects.

21 March 2019 Asia Pacific / Exploration & Production
Rigs in China.

Supply fall suggests slowdown in Chinese gas consumption

Official figures and Interfax calculations suggest China’s gas supplies fell in February, supporting expectations that the country’s consumption growth will slow this year.

18 March 2019 Asia Pacific / Supply & Demand
The Ningbo LNG terminal

CNOOC's TPA drive for LNG terminals loses its sheen

The Chinese NOC is warming to the principle of open access to its LNG terminals, but its offer to third-party users may be a tough sell.

14 March 2019 Asia Pacific / LNG
An ENN Energy LNG refilling station in Jiangsu province

China’s Hainan pushes NGVs and EVs with new plan

The island province will ban oil-fuelled vehicles by 2030 under its new development plan, creating an opportunity for gas.

11 March 2019 Asia Pacific / Policy & Regulation
A flare from the Jiaoye 8-2HF well at the Fuling field

Earthquakes unsettle China’s shale gas sector

Deadly earthquakes in China’s shale gas development heartland last week could set back production and public perception of the unconventional fuel.

4 March 2019 Asia Pacific / Exploration & Production

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