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LNG and pipeline vie to lead China gas imports
China is importing more gas by pipeline than by sea for the first time, but new supply sources and regasification infrastructure may swing the competition back in LNG’s favour.
Carbon capture on the cards for China’s gas
China is urging its domestic gas industry to adopt carbon capture and storage, as part of an early policy push to ensure a decarbonised future for the sector.
Beijing versus the NIMBYs
Beijing and President Xi Jinping could face rising NIMBYism from Chinese citizens as the country tries to balance environmental interests with increased industrial activity.
Planet Gas stocks boosted by Cooper Basin prospects
The 84% day-on-day rise in the stock price for Aussie minnow Planet Gas is likely the result of an article on the company’s prospects in the South Australian Cooper Basin, where it has reduced its interest in an oil exploration while focusing on filling a looming gas supply/demand gap in the next few years.
Taipower cool on gas switch for nuclear plant
Squeezed by rigid power tariffs and fuel costs for imported gas, Taipower is hoping it will not lose its much-maligned Longmen nuclear power plant.
North West Shelf tender attracts Far Eastern buyers
Woodside Petroleum’s supply tender for two cargoes from its North West Shelf plant is attracting attention from Far Eastern buyers, sources have told Interfax.
Australia’s project pipeline shows signs of shrinking
While LNG, gas and oil projects continue to dominate the list of committed energy and resources developments in Australia, the number of projects at the feasibility stage has dropped over the past six months as a result of delays and cancellations, the Bureau of Resources and Energy Economics reported on Wednesday.
Sinopec to enter Hebei gas market with pipelines project
Sinopec has agreed with Hebei’s largest gas distributor to build three pipelines to supply the northern Chinese province, a tie-up that experts said is a challenge to China National Petroleum Corp.’s (CNPC’s) grip over gas supplies to Hebei.
China and Tajikistan hold talks over energy cooperation
Tajikistan’s President Emomalii Rahmon met top officials from China National Petroleum Corp. (CNPC) in Beijing on Monday to discuss oil and gas cooperation, in a sign Tajikistan is moving closer to its neighbour after an independent petroleum consultancy estimated the country’s gas resources could rival those of Turkmenistan.
China mulls fragmented gas pricing system
China may implement a fragmented natural gas pricing system to suit different market conditions across the country, as it contemplates findings from an ongoing pilot scheme.
Pertamina CEO expected to head Indonesia board
Pertamina Chief Executive Karen Agustiawan is the leading candidate to head Indonesia’s Coordinating Board for Investment, after board’s current chief…
NZ government criticised for offshore spill preparedness
New Zealand’s Green Party has accused the government of pushing for an expansion of its deep-sea drilling programme despite knowing the country does not have the capacity to handle a subsea leak.
Indonesia puts 21 blocks up for bidding
Indonesia has offered 21 on- and offshore blocks for bidding, including two unconventional oil and gas areas, in an attempt to boost exploration and production in the country, the Ministry of Energy and Mineral Resources has announced.
Wintime to start exploring Guizhou shale gas block in June
Chinese coking coal miner Wintime Energy will start surveys of the Fenggang 2 shale gas block in Guizhou province in June and complete them within three years, company representative Li Jun told Interfax last week.
PetroChina makes $3.2 billion loss on Rudong LNG imports
LNG imports into PetroChina’s first terminal on China’s east coast accounted for nearly half of the company’s total losses from sales of imported gas last year, underscoring the urgent need for higher prices in the thriving but tightly regulated Chinese gas market.