CNOOC’s Tianjin terminal sees sharp rise in trucked LNG sales in July
The facility sold an average of 368 tanker trucks of LNG per day last month compared with an average of 262 in June.
2 days ago
China embraces reform to bolster energy security
China’s leadership is turning to sweeping reforms to spark a boom in domestic energy output as heightened tensions with the US force Beijing to consider its energy security.
2 days ago
SHPGX smashes pipeline gas sales record in July
The Shanghai Petroleum & Gas Exchange sold 11.6 bcm of piped volumes last month, more than three times the total of the previous monthly record
3 days ago
Asian spot LNG prices climb slightly in July
The average spot price for LNG delivered to Asia registered a slight increase last month but was still well down on an annual basis
4 days ago
Tianjin output falls but CNOOC facility remains top seller
The terminal sold much more trucked LNG than other facilities in China last week, despite its sales falling on a weekly basis.
1 August 2019Zhejiang 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.
1 August 2019
SHPGX pipeline trades hit record high
The Shanghai Petroleum and Gas Exchange sold 10.2 bcm of pipeline gas last week, the platform’s highest-ever volume.
31 July 2019
Asian spot LNG prices drop by more than 9%
A saturated market caused spot LNG prices in Japan, South Korea, China and Taiwan to slump to an average of $4.31/MMBtu by Friday.
30 July 2019
CNOOC’s Tianjin LNG keeps daily output above 400 truckloads
The terminal sent out more than 400 truckloads of LNG per day for the second consecutive week last week, the second time this has happened in 2019.
25 July 2019Towngas to push storage TPA via SHPGX auctions
The start of capacity auctions at Towngas China’s Jintan underground storage facility in the near future would be a big step forward for third-party access to gas infrastructure in China.
25 July 2019
Chinese domestic LNG prices hold steady
Some of China’s LNG plants increased their prices last week while others cut theirs, leading to little change in the average price across the country.
24 July 2019
Asian spot LNG prices climb after three-week decline
Prices for spot cargoes in Japan, South Korea, China and Taiwan increased by 9.4% last week to average $4.75/MMBtu on Friday.
23 July 2019
CNOOC’s Tianjin terminal hits seven-month high for trucked LNG
The facility sent out over 400 tanker trucks per day last week, making it China’s top-selling terminal by some margin
18 July 2019
China’s Yanchang Petroleum targets midstream
Yanchang Petroleum’s proposed takeover of provincial distributor Shaanxi Gas would give it the necessary pipeline scale to ramp up gas production.
18 July 2019
CQPGX makes its first LNG sale in four months
Piped gas trading on the Chongqing exchange slumped last week but LNG was traded for the first time since March.
17 July 2019
Asian spot LNG prices fall 5% despite late rally
Prices in Japan, South Korea, China and Taiwan dipped last week but recovered to reach $4.59/MMBtu on Friday.
16 July 2019
CNOOC’s Tianjin terminal still in first place for trucked LNG sales
The facility sold an average of 290 truckloads of LNG per day last week, with Sinopec's Beihai terminal coming in second and its Qingdao and Tianjin facilities in joint third.
11 July 2019Sinopec works to plug northern China supply gap
Sinopec has started building a new pipeline that underlines how China’s second biggest gas supplier is rising to the challenge of improving south-to-north pipeline connectivity.
11 July 2019
China’s summer cooling season boosts LNG prices
The country’s liquefaction plants increased their prices last week in response to rising demand for gas-fired power.
10 July 2019
Asian spot LNG prices fall on low demand
High storage levels at terminals helped push prices in China, Japan, South Korea and Taiwan down by an average of 2.13% last week.
9 July 2019Viewing 1-20 of 1,182 articles