Tang Tian

Shanghai

Tang Tian joined Interfax in June 2011 as a China gas reporter. She holds a Masters degree in English Literature from Shanghai International Studies University.

Email: tang.tian@interfax.cnPhone: +86 (21) 6215 3766

Tianjin top of Chinese terminal’s LNG sales

Tianjin managed the highest output out of all of China’s LNG terminals last week, with average daily sales of 240 tankers.

17 August 2017
Sinopec will diversify its investments by expanding into city gas distribution. (Interfax)

Sinopec preps for downstream city gas expansion

China’s second largest gas producer is preparing to expand down the industry chain into city gas distribution as it seeks to grow its gas business.

16 August 2017

North Asian spot LNG averages $5.48/MMBtu

Prices in Japan, South Korea, China and Taiwan were down slightly in the second week of August.

15 August 2017
PetroChina’s Dalian terminal ranked third in terms of spot imports. (Interfax)

China’s spot LNG imports maintain momentum in H1

China’s LNG buyers took full advantage of cheaper prices on the spot market in H1 2017, as the current global LNG glut continued to depress prices.

14 August 2017

Chinese LNG output set to rise 6.25% in August

China’s LNG output is projected to rise by 6.25% in August compared with July, to 1.28 bcm.

10 August 2017
With supplies limited, some buyers are turning to the Tianjin terminal to meet demand. (CNOOC)

Shaanxi floods trigger spike in Chinese LNG prices

Floods in China’s Shaanxi province have led to the shutdown of gas plants in the region, with limited supply boosting LNG prices.

9 August 2017

Chinese wholesale LNG prices up by 2.8% in July

Prices averaged RMB 3,150/t in July, up by 2.84% from June, as flooding cut output and sales.

9 August 2017

Chinese trucked LNG prices slip as summer nears end

Terminals reduced their prices for trucked LNG in July in anticipation of weakening demand for gas-fired power as summer heatwaves end.

8 August 2017
An LNG bunkering station in Chongqing. (China Gas Holdings)

China’s gas-fired vessel targets seen as ambitious

China looks to be overreaching itself with its targets for LNG-fuelled vessels, with prices too high to drive demand.

7 August 2017

Chinese LNG prices to rise as flooding tightens supply

LNG prices in northwest and northeast China, Hebei, Tianjin and Shandong are expected to rise by 1.4% week on week because of tight supply from northern Shaanxi following floods in the area.

3 August 2017
Officials from China’s NOCs meet their SHPGX counterparts, September 2016. (Shanghai Oil and  Gas Trading Center)

CNOOC teams up with SHPGX to boost LNG sales

A new initiative on the Shanghai Petroleum and Gas Exchange has boosted the amount of LNG traded as well as the participation of smaller players.

2 August 2017

Chinese LNG prices climb after torrential rain

Chinese wholesale LNG prices averaged RMB 3,111/t last week, up by 0.74%, in response to flooding from torrential rain in the city of Yulin in the northern province of Shaanxi.

2 August 2017

Uptick in Asian spot LNG prices

Spot LNG prices in Japan, South Korea, China and Taiwan averaged $5.50/MMBtu last week, up by 0.54% from the previous week.

1 August 2017

Ningbo and Rudong bump up trucked LNG sales

The Chinese terminals increased their daily sales of trucked LNG to 170 and 85 truckloads respectively last week.

27 July 2017
China will struggle to hit its CBM output targets as investment in developing the unconventional gas lags behind shale and other sources.

Low investment clouds China CBM outlook

China will struggle to hit its CBM output targets as investment in developing the unconventional gas lags behind shale and other sources.

26 July 2017

Hot weather boosts Chinese gas-for-power demand

Chinese ex-works wholesale LNG prices averaged RMB 3,088/t last week as scorching weather drove up gas-fired power demand.

26 July 2017

Asian LNG prices hold steady as China adds new plant

Spot LNG prices in Japan, South Korea, China and Taiwan averaged $5.47/MMBtu last week, while China now has 181 liquefaction plants.

25 July 2017

China LNG output to average 42.3 MMcm/d this week

Domestic LNG output will be roughly unchanged from last week, while prices in northwest China, Inner Mongolia, Hebei and Tianjin will rise by 2.02%.

20 July 2017
Work on the Power of Siberia pipeline, which will deliver gas to Beijing. (Gazprom)

Siberian gas set to shore up Beijing’s supply mix

Gas from a Rosneft subsidiary looks set to be piped to Beijing early next decade following a deal with the major gas distributor for China’s capital.

19 July 2017

LNG and pipeline trades boosted on China’s SHPGX

Pipeline gas transactions on the Shanghai Petroleum and Gas Exchange reached 502 MMcm in the second week of July, while LNG trades surged to 28,100 tons.

19 July 2017

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