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Supply & Demand

Chinese gas use will hit 279 bcm in 2018

China’s gas consumption is on course to reach 279.0 billion cubic metres in 2018

19 October 2018
Supply & Demand

Zhejiang will be 2 bcm short of gas this year

The supply of gas in China’s Zhejiang province will fall short of demand by 2.0 billion cubic metres this year

19 October 2018
LNG

Zhoushan LNG terminal officially onstream

ENN Group officially launched its 3 mtpa LNG terminal in Zhoushan, Zhejiang province

19 October 2018
Pipelines, Storage & Power

Injections at Henan’s Wen 96 storage depot hit 1 bcm

Sinopec has injected more than 1 bcm of gas into the Wen 96 underground gas storage depot in Henan province since it came online

19 October 2018
Global Markets

Northwest Oilfield sales hit 14 bcm

Sinopec’s Northwest Oilfield unit in Xinjiang of western China has sold 14.0 billion cubic metres of gas since 1978

19 October 2018
Pipelines, Storage & Power

China’s north needs more clean energy for winter – vice premier

Northern China should use more clean energy, such as gas and electricity, for winter heating instead of coal, Chinese Vice Premier Han Zheng has said

19 October 2018
LNG

JUSDA Energy delivers LNG shipping tanks to Shanghai

An IDG Energy Investment joint venture has successfully delivered 15 LNG shipping container tanks from Vancouver to Shanghai

19 October 2018
LNG

Exxon signs agreement for LNG sales to Zhejiang

ExxonMobil has signed a framework agreement to sell LNG to Zhejiang Provincial Energy Group for 15 years.

18 October 2018
Pipelines, Storage & Power

Suqiao UGS has stored 2.6 bcm since startup

CNPC’s Suqiao underground gas storage depot has stored 2.6 billion cubic metres and supplied 800 million cubic metres of gas.

18 October 2018
LNG

CNOOC and Total renegotiate LNG SPA

CNOOC signed a supplement to an existing LNG sales-and-purchase agreement with Total.

18 October 2018
LNG

Tianjin terminal reclaims LNG sales top spot

CNOOC's Tianjin facility was China's top-selling LNG terminal last week, sending out an average of 300 tanker trucks per day.

18 October 2018
Exploration & Production

China to see large growth in unconventional gas output

China’s unconventional gas output is expected to reach 70 billion cubic metres per year by 2020.

17 October 2018
The Shandong LNG terminal LNG

Shandong storage plan hints at wider LNG ambitions

Elements of Shandong’s recently released gas storage plan suggest the province may be plotting a big role in China’s LNG import industry.

17 October 2018
LNG

Chinese ex-works LNG prices up 5%

The average ex-works price for LNG in China increased last week as 50 plants boosted their asking prices.

17 October 2018
Supply & Demand

CNOOC looking to increase domestic gas supply this winter

CNOOC plans to increase domestic gas supplies by around 20% year on year this winter

16 October 2018
Supply & Demand

Tuha Oilfield announces winter supply plans for Urumqi

CNPC’s Tuha Oilfield unit plans to supply 800 Mcm/d to Xinjiang’s capital of Urumqi in the winter heating season

16 October 2018
Pipelines, Storage & Power

Sinopec injecting 18 MMcm/d to Wen 23 storage depot

Sinopec is injecting 18 million cubic metres per day of gas into the Wen 23 underground storage depot, the company said on Monday.

15 October 2018
LNG

CNOOC’s Yuedong terminal has sent out more than 1 mt of trucked LNG

CNOOC has dispatched 52,325 tanker trucks carrying more than 1 mt of LNG from its Yuedong terminal in Guangdong province since LNG sales began in May 2017

15 October 2018
LNG

China to account for half of global LNG demand growth in 2018 – Woodmac

The volume of LNG imported by China will rise by a record 12 mt in 2018, accounting for half of global demand growth this year, Wood Mackenzie forecast on Monday.

15 October 2018
CNOOC will offer a slot at its Ningbo terminal this month. LNG

CNOOC makes first play to provide import services

CNOOC sold its first regasification slot last month, marking an initial step by the state-owned explorer towards eventually providing import services at its LNG terminals.

15 October 2018

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