Singapore’s PO&G expands presence in China
Pacific Oil & Gas is developing a new LNG terminal in western Guangdong that will give the company a second LNG import base in China.
Just now
Chinese domestic LNG price drops
Surplus supplies meant the average price of China’s indigenous LNG fell to $8.86/MMBtu last week.
22 hours ago
Asian spot LNG prices rise by more than 4%
Prices ended last week at $5.15/MMBtu as buyers in the four big Asian markets prepared for the winter.
Yesterday
CNOOC’s Tianjin still China’s top seller for trucked LNG
The facility sold an average of 407 truckloads of LNG last week, nearly double the rate of its nearest rival
6 days ago
Power exchange no fix for Guangdong gas power
The commercial prospects of the gas-to-power sector in Guangdong province remain dim, nearly three years after local power producers were permitted to seek better prices for their output on a regional exchange.
6 days ago
Chinese LNG prices hold steady
The average price for China’s domestically produced LNG last week was close to where it was the previous week, at $8.81/MMBtu
11 September 2019
Asian spot LNG prices fall as summer draws to close
Power sector gas use is set to fall as Northeast Asia nears the end of the summer cooling season.
10 September 2019
CNOOC takes top three spots for Chinese trucked LNG sales in August
The company’s Tianjin, Zhuhai and Ningbo terminals sold a combined average of 843 tanker trucks of LNG per day last month
5 September 2019
PetroChina’s Kunlun prepares for pipeline reform
With its midstream pipeline network expected to be taken over by a national pipeline company, China’s Kunlun Energy is increasingly turning its focus to its downstream business.
5 September 2019
LNG prices fall in China as plants cut inventories
The average price was down by 3.5% as 46 Chinese LNG plants reduced their prices.
4 September 2019
Supply glut holds down Asian spot LNG prices in August
Prices for spot cargoes averaged $4.4/MMBtu across China, Japan, South Korea and Taiwan last month, much less than the average price a year ago
3 September 2019
Trucked LNG sales fall at CNOOC’s Tianjin LNG
Sales from CNOOC’s Tianjin terminal fell on a weekly basis last week, but the facility still outsold China’s other terminals.
29 August 2019
Domestic supply bolsters China’s LNG output
An increase in the domestic supply of feedstock gas helped unleash production at China’s LNG plants in H1 2019, but the increased supply has weighed on the industry’s profitability.
29 August 2019
Price of Chinese domestic LNG falls by nearly 3%
Fifty-six of China’s LNG plants cut their asking prices last week, pushing the average price of domestically produced volumes down to $8.65/MMBtu
28 August 2019
Asian spot LNG prices up for second week running
Prices closed at an average of $4.53/MMBtu on Friday and were up by nearly 7% over the week as a whole.
27 August 2019
China’s LNG production set to rise this week
Completion of maintenance at facilities in Hebei, Heilongjiang, Hubei and Yunnan will see output rise to around 37,500 tons per day.
22 August 2019
Huadian’s exit puts NOCs in shale gas driving seat
State-owned power utility China Huadian’s exit from shale gas licences it won in late 2012 could prompt other companies to reconsider entering China’s shale gas sector and the wider upstream segment.
22 August 2019
Chinese LNG plants cut prices on soft demand
Thirty-five liquefaction plants across China cut their prices by an average of 3.84% last week as demand for LNG fell.
21 August 2019
Asian spot LNG prices start to pick up
Prices in Japan, South Korea, China and Taiwan rose last week from a week earlier but remained low on an annual basis.
20 August 2019
China’s LNG output to rise as maintenance ends
The country is forecast to produce around 37,500 tons of LNG this week as plants in several regions resume operations.
15 August 2019Viewing 1-20 of 1,205 articles