China Huaneng Group’s gas-fired power station in Beijing. Power is a growth sector for gas. (Huaneng) Policy & Regulation

Gas tipped for bridge role in China’s energy plan

Details of China’s latest five-year energy plan have trickled out, with gas likely to play an important role as the country cleans up its fuel mix.

Smog in Beijing. The Chinese government is expected to use more gas in a crackdown on air pollution. (Interfax) Policy & Regulation

China gas demand to triple by 2030 – PetroChina

The Chinese government’s all-out drive to clean up chronic air pollution could see the world’s third-largest gas market consuming half a trillion cubic metres per year.

Policy & Regulation

China plans $174 bln of renewables investment by 2020

China will invest $174 billion in new wind and hydropower capacity between 2016 and 2020, according to Key Energy News.

1 December 2016
Exploration & Production

China warned of production decline following spending cuts

China’s oil and gas production may fall more steeply next year since NOCs slashed exploration and production spending as a result of globally low oil prices.

30 November 2016
LNG

CNOOC’s Zhuhai terminal clears 1 mt of imports for 2016

CNOOC's LNG import and sales subsidiary has said that its terminal in the city of Zhuhai, Guangdong province, had sold 1 mt of the fuel this year as of 20 November.

30 November 2016
LNG

Snow hinders trucked LNG in northern China

Snowfall hindered trucked LNG deliveries in northern China last week, causing several plants to cut prices to reduce their inventories.

30 November 2016
Global Markets

Shanxi capital hikes non-residential tariffs

Taiyuan, the capital of Shanxi province in northern China, has hiked end tariffs for non-residential users by RMB 0.29 per cubic metre

29 November 2016
LNG

First French LNG cargo arrives at Tangshan

The first of 10 LNG cargoes being sent from France’s Engie to Beijing Gas Group this winter arrived at PetroChina’s Tangshan terminal on Monday.

29 November 2016
Supply & Demand

Chinese LNG imports up by 15% year on year in October

China imported 1.83 mt of LNG in October, down by one-quarter month on month but up by 15% from a year ago

29 November 2016
LNG

Asian LNG prices close in on January 2016 levels

Spot LNG prices in Japan, South Korea, China and Taiwan rose by 0.89% last week, to an average of $6.85/MMBtu.

29 November 2016
Supply & Demand

Chinese gas consumption up by 7.2% in October

China’s gas consumption rose by 7.2% in October on an annual basis, to 15.5 billion cubic metres.

28 November 2016
Global Markets

Shanghai Petroleum and Gas Exchange opens for business

The Shanghai Petroleum and Gas Exchange officially opened for business on Saturday after 16 months of trial operations that began in July 2015.

28 November 2016
Supply & Demand

Xi’an struggling to meet winter surge in gas demand

The main gas distributor in Xi’an, the capital of Shaanxi province, is struggling to meet a surge in winter demand, local media has reported.

24 November 2016
LNG

Shandong hopes to boost LNG regasification capacity

Shandong province on China’s east coast is planning to increase its LNG receiving capacity to 11 bcm/y by 2020 to cover a shortfall in supply.

24 November 2016
Supply & Demand

Chongqing consumes 7.28 bcm of gas during Jan-Oct 2016

Chongqing in southwest China consumed 7.28 billion cubic metres of gas in the first 10 months of this year, according to the municipal government.

23 November 2016
Pipelines, Storage & Power

Shaanxi Gas Group now has 28 operational pipelines

Shaanxi Gas Group has brought 28 pipelines into operation in northwest China’s Shaanxi province since the company was established in 2011.

23 November 2016
Exploration & Production

Chongqing Xianglong Gas to build $50.8 mln shale production base

The county of Wulong in China’s south-central Chongqing municipality has said it plans to build a shale gas production base with a production capacity of 2 billion cubic metres per year.

23 November 2016
LNG

Chinese wholesale LNG prices rise by 8%

Strong demand and rising costs boosted wholesale LNG prices in China to $8.8/MMBtu last week.

23 November 2016
Pipelines, Storage & Power

Shaanxi-Beijing pipeline supply hits 100 MMcm/d

PetroChina has said that its three Shaanxi-Beijing trunk gas lines supplied a total of 100 million cubic metres on 6 November, hitting the milestone five days earlier than in 2015.

22 November 2016
Companies & Finance

Shenzhen Nanshan and China Gas Holdings terminate agreement

Shenzhen Nanshan Power confirmed on Monday that it had terminated potential cooperation with Hong Kong-listed independent gas distributor China Gas Holdings.

22 November 2016
Beijing. The city’s heating-related gas demand has almost doubled as temperatures have tumbled. (Gazprom) Global Markets

China NOCs hike gas prices to avert winter crunch

China’s top gas suppliers have raised their gas prices for the first time in more than two years as they look to curb demand and sidestep shortages in the peak winter demand season.

22 November 2016
LNG

Heating season pushes up Chinese LNG prices

Trucked LNG prices in 11 provinces and cities increased by 8.3% last week after LNG plants and receiving terminals hiked prices.

22 November 2016

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