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
4 days ago
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.
4 days ago
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.
5 days ago
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.
6 days ago
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 2019
Sinopec 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 2019
CNOOC’s Tianjin terminal holds top spot for trucked LNG in June
The Chinese facility sent out an average of 262 tanker trucks of LNG per day last month
4 July 2019
PetroChina dependence hits Hunan’s gas demand
Hunan province’s overwhelming dependence on China’s largest upstream company for gas supplies offers a case study in the importance of supply diversification.
4 July 2019
Asian LNG price down 13% in June
The monthly average price for LNG contracted by Japan, South Korea, China and Taiwan was down in June but the daily price picked up in the second half of the month.
3 July 2019
Chinese LNG plants cut prices in record numbers
Fifty-four Chinese liquefaction plants reduced their prices in June in response to falling prices at the country’s terminals.
2 July 2019
Chinese LNG output set to rise on power demand
China is expected to produce an average of 36,747 tons of LNG per day this week as a result of greater gas-fired power demand.
27 June 2019
CNOOC pins growth on waters of South China Sea
CNOOC’s new offshore acreage offer in the South China Sea underlines the importance of the region to growing the company’s output and meeting Beijing’s call to reduce reliance on imports.
27 June 2019
Chinese ex-works LNG price holds steady
The average price for LNG from China’s plants was relatively unchanged last week from the previous week, at $10.15/MMBtu.
26 June 2019
Rising summer demand boosts Asian spot LNG prices
Cooling-related gas demand helped lift spot prices to an average of $4.58/MMBtu last week.
25 June 2019
Beihai tops China’s trucked LNG sales
The Sinopec terminal outsold China’s other trucked LNG sellers for first time in two years last week.
20 June 2019
Guangdong bets on gas to meet power demand
China’s most prosperous province has turned to gas-fired power to help it improve local air quality by cutting coal consumption while continuing to meet rising electricity demand.
20 June 2019
Supply glut prompts price cut at Chinese LNG plants
Thirty-nine liquefaction plants across China cut their asking prices by 2.03% week on week last week as a result of the oversupply.
19 June 2019
Asian spot LNG prices up for first time in six weeks
The average price paid for spot LNG by Japan, China, South Korea and Taiwan increased by 2.35% last week, to $4.36/MMBtu.
18 June 2019Viewing 1-20 of 1,170 articles