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

Supply glut weighs on Chinese LNG prices

Chinese wholesale LNG prices fell by 2.21% last week as soft industrial demand caused an excess in supply.

26 April 2017

Northeast Asian spot LNG prices continue to slide

Spot LNG prices in Northeast Asia fell by 1.12% last week from the previous week to average $5.24/MMBtu on 21 April.

25 April 2017
Yang Hua resigned as chief executive of CNOOC Ltd 10 months after his appointment. (Interfax)

CNOOC chief’s resignation surprises industry

CNOOC Ltd’s chief executive, Yang Hua, has resigned to the surprise of industry observers, who expected him to remain at the explorer for some time.

24 April 2017
An LNG filling station in Jiangsu. China’s network of facilities to cater for NGVs is fragmented. (Interfax)

Chinese NGVs need more policy support

China’s fragmented LNG service station network is just one of the barriers preventing greater uptake of the fuel on the country’s roads.

19 April 2017

Chinese LNG prices edge downwards

Chinese wholesale LNG prices fell by 1.86% last week from the previous week as producers cut prices to compete with imported cargoes.

19 April 2017

Asian spot LNG prices hit six-month low

Asian spot LNG prices fell by 3.1% last week from the previous week and hit $5.27/MMBtu on 14 April – their lowest level since October 2016.

18 April 2017
Sinopec’s Fuling shale gas field in Chongqing will help supply more gas as it ramps up. (Sinopec)

Chongqing must diversify sources of gas demand

Chongqing needs to diversify its gas users as the municipality’s demand is too closely tied to its chemicals sector, experts say.

12 April 2017

Chinese LNG plants cut prices on slow demand

Some of China’s LNG plants discounted their prices last week to reduce their inventories amid sluggish downstream demand before the Qingming Festival public holiday.

12 April 2017

North Asian spot LNG prices keep on falling

Spot LNG prices among the major importers in northern Asia continued to decline last week, falling by 3.01% compared with the previous week.

11 April 2017

End of heating season boosts SHPGX trading

Piped gas transactions on the Shanghai Petroleum and Gas Exchange more than doubled in March, to 949 MMcm.

6 April 2017

Northeast Asian spot LNG prices drop 16% in March

Spot LNG prices for major importers in Northeast Asia fell by an average of 16.6% in March from the previous month.

5 April 2017
The Putian LNG terminal, Fujian. Imports there may be cheaper than supplies via the West-East Pipeline. (CNOOC)

Slim price cut fails to placate Fujian gas users

Industrial users in Fujian province have renewed longstanding complaints of high gas prices after the cost of Indonesian LNG soared.

29 March 2017

SHPGX pipeline trades double week on week

Pipeline transactions on the Shanghai Petroleum and Gas Exchange more than doubled last week from the previous week, from 127 MMcm to 287 MMcm.

29 March 2017

Asian LNG prices slump to lowest this year

Asian spot LNG prices slumped by 10.3% last week from a week earlier, the biggest week-on-week decline since January 2016.

28 March 2017
CNOOC’s Tianjin LNG terminal received 1.04 mt in 2016, with spot volumes making up 13%. (CNOOC Tianjin LNG)

Bargain-price spot LNG proves popular in China

China's LNG buyers more than doubled their imports of spot LNG last year as prices dropped, with some even choosing to incur penalties by forgoing term volumes.

27 March 2017
An aeroderivative gas turbine. China could massively expand its use of the technology. (Siemens)

China hopes aero engines will help gas power soar

Gas-fired distributed generation is trailing government targets, but localised manufacturing of turbine equipment could kickstart interest.

22 March 2017

Chinese LNG prices creep up as demand slows

Chinese LNG demand slowed last week after northern cities switched off gas-fired district heating boilers for the end of the winter heating season.

22 March 2017

Asian spot LNG prices hit four-month low

Asian spot LNG prices had fallen to $6.51/MMBtu by the end of last week, down by 4.27% from the previous week and their lowest level since early November.

21 March 2017

Pipeline transactions on SHPGX plunge 60%

Pipeline transactions on the Shanghai Petroleum and Natural Gas Exchange more than halved last week.

15 March 2017

Asian LNG prices continue to fall

Asian spot LNG prices continued their downward trend last week as the region entered the shoulder months of the demand cycle.

14 March 2017

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