Gas fired distributed generation in shanghai Pipelines, Storage & Power

Challenges force Huadian to cut gas-fired distributed generation goals

High gas prices and lower power tariffs have led China’s biggest gas power producer to lower its capacity target for gas-fired distributed generation.

By Tang Tian 20 November 2017
LNG

Asian spot LNG prices hit three-year high

Asian spot LNG prices averaged $9.19/MMBtu last week, a record high for 2017 to date and their highest level since January 2015.

21 November 2017
LNG

CNOOC ships 300,000 tons of LNG from Yuedong

China National Offshore Oil Corp. has sent out 300,000 tons of LNG from its Yuedong terminal in Guangdong since sales started in May.

17 November 2017
Exploration & Production

China moves methane hydrates up its exploration agenda

China has categorised methane hydrates as an independent mineral resource in a bid to speed up development of the unconventional fuel.

17 November 2017
Supply & Demand

Sinopec planning to increase winter gas supply by 13%

Sinopec plans to increase its gas output during China’s current winter heating season by 13.1% year on year, to 15.1 billion cubic metres.

17 November 2017
Supply & Demand

Chinese gas production up 15.4% in October

China’s gas output increased by 15.4% year on year in October, to 12.4 billion cubic metres.

16 November 2017
LNG

Guangxi terminal receives 15 LNG cargoes in 10M 2017

Sinopec’s Guangxi LNG terminal in the Chinese port of Beihai received 15 shipments of LNG carrying a total of 1.03 mt in the first 10 months of 2017.

16 November 2017
LNG

Heating demand will push up Chinese LNG prices

China is forecast to produce 46.54 MMcm/d of LNG this week, while heating-related demand will push up prices.

16 November 2017
Pipelines, Storage & Power

Tarim Oilfield to supply 68 MMcm/d this winter

PetroChina’s Tarim Oilfield unit will supply 67.9 MMcm/d of gas to the first West-East Pipeline and south Xinjiang this winter.

15 November 2017
Pipelines, Storage & Power

Beijing Gas Group to start rural supplies

Beijing Gas Group will start piping gas to more than 328 rural villages no later than Wednesday.

15 November 2017
LNG

China Gas planning new LNG terminal

Hong Kong-listed China Gas Holdings is in talks with potential partners about building its first LNG terminal.

15 November 2017
LNG

Chinese wholesale LNG prices hit record high

Chinese wholesale LNG prices increased to RMB 4,511/t last week, their highest level since January 2015.

15 November 2017
A gas-fired power station in Beijing. Global Markets

China to dominate gas demand growth to 2040 – IEA

China is set to step on the gas over the next two decades, with a tripling in demand helping it to become the world’s second-largest market for the fuel.

14 November 2017
LNG

Chinese spot LNG clears $9/MMBtu ahead of winter

Spot LNG prices in Asia rose last week as Chinese buyers scrambled for cargoes to avoid a potential winter supply crunch.

14 November 2017
Supply & Demand

China’s Khorgos gas entry point supplies record amount

PetroChina said Khorgos, the entry point in China for Central Asian gas, supplied a record 130 MMcm on 3 November.

13 November 2017
Policy & Regulation

Sinopec subsidiary to auction LNG on the SHPGX

A unit of Sinopec will auction LNG on the Shanghai Petroleum and Gas Exchange on Tuesday.

13 November 2017
Supply & Demand

PetroChina supplies to Guizhou up 72%

PetroChina supplied 564 million cubic metres of gas to the southwestern Chinese province of Guizhou in the first 10 months of this year

13 November 2017
tanker at hainan lng terminal in china LNG

US LNG to China still uncertain despite new pacts

Donald Trump may have left Beijing with promises by the Chinese to buy American LNG, but China will remain cautious of committing to deals.

13 November 2017
LNG

China Gas Holdings signs MOU for 3 mtpa of LNG

China Gas Holdings has signed an MOU to buy 3 mtpa of LNG from Delfin Midstream for 15 years.

9 November 2017
LNG

China’s LNG plants maintain supply share in October

Domestic liquefaction plants met more than half of China's LNG needs in October as heating requirements boosted demand.

9 November 2017
Supply & Demand

China’s gas imports up 52% in October

China imported 5.81 mt of LNG and pipeline gas in October, up by 52.1% year on year but down from 5.94 mt in the previous month.

8 November 2017

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