CNOOC’s Tianjin LNG terminal received 1.04 mt in 2016, with spot volumes making up 13%. (CNOOC Tianjin LNG) LNG

Bargain-price spot LNG proves popular in China

China's LNG buyers more than doubled their imports of spot LNG last year as prices dropped, with some even choosing to incur penalties by forgoing term volumes.

By Tang Tian 27 March 2017
Supply & Demand

Hohhot consumes 1.07 bcm of gas in 2016

Hohhot, the capital city of Inner Mongolia in northern China, used 1.07 billion cubic metres of gas in 2016, according to local media reports.

24 March 2017
Policy & Regulation

Beijing caps coal consumption at 7 mt in 2017

Beijing will cap its coal consumption at 7 mt this year, down from around 10 mt in 2016, the municipal government said on Thursday.

24 March 2017
Supply & Demand

Jingbian field produces 91 bcm over 20 years

The Jingbian gas field in the central Ordos Basin has produced 91.3 billion cubic metres of gas since it came online in 1997.

23 March 2017
Pipelines, Storage & Power

CNOOC piping 750 Mcm/d of gas to Macao

China National Offshore Oil Corp. is supplying 750 thousand cubic metres of gas to the Chinese special administrative region of Macao every day through the offshore Zhuhai-Hengqin pipeline.

23 March 2017
Companies & Finance

China Oilfield Services makes loss of $1.7 bln in 2016

China Oilfield Services, the Hong Kong-listed subsidiary of China National Offshore Oil Corp., made a loss of RMB 11.5 billion ($1.7 billion) in 2016.

22 March 2017
Companies & Finance

ENN Energy Holdings boosts revenue to $5 bln in 2016

Hong Kong-listed gas distributor ENN Energy Holdings increased its revenue by 6.4% year on year in 2016, to RMB 34.1 billion.

22 March 2017
Exploration & Production

Supplies from Sinopec’s Fuling shale hit 10 bcm

Sinopec’s Fuling shale gas field has supplied 10 billion cubic metres of gas to customers since it started commercial operations in 2014.

22 March 2017
Supply & Demand

Tarim Oilfield supplies 1.4 bcm of gas to Korla in 2016

PetroChina’s Tarim Oilfield subsidiary has supplied 10.8 billion cubic metres of gas to Korla in central Xinjiang since 1997, with 1.4 bcm provided in 2016.

22 March 2017
An aeroderivative gas turbine. China could massively expand its use of the technology. (Siemens) Pipelines, Storage & Power

China hopes aero engines will help gas power soar

Gas-fired distributed generation is trailing government targets, but localised manufacturing of turbine equipment could kickstart interest.

22 March 2017
LNG

Chinese LNG prices creep up as demand slows

Chinese LNG demand slowed last week after northern cities switched off gas-fired district heating boilers for the end of the winter heating season.

22 March 2017
LNG

Asian spot LNG prices hit four-month low

Asian spot LNG prices had fallen to $6.51/MMBtu by the end of last week, down by 4.27% from the previous week and their lowest level since early November.

21 March 2017
Coal production in Hebei. The heavily polluted province has increased its environmental budget. (PA) Policy & Regulation

China hints at bigger role for gas in 2017

China’s annual parliamentary gathering this month underlined the country’s commitment to curbing coal consumption, with gas set to benefit.

21 March 2017
Pipelines, Storage & Power

CACP supplies pass 170 bcm

The Central Asia-China Pipeline has supplied 170 billion cubic metres of gas to China since it went online at the end of 2009.

20 March 2017
Pipelines, Storage & Power

Beijing closes its last utility-scale coal power plant

Beijing shut down its last utility-scale coal-fired power plant on Saturday, shifting the Chinese capital’s energy mix entirely to electricity and gas.

20 March 2017
Policy & Regulation

Chinese city of Karamay may become oil and gas trading centre

Discussions are taking place to establish an oil and gas trading centre in the city of Karamay in Xinjiang as part of the Chinese region’s pilot oil and gas reforms.

20 March 2017
Pipelines, Storage & Power

Winter season ends at PetroChina’s Hutubi gas storage facility

PetroChina has reported that its underground gas storage depot in Hutubi in Xinjiang finished supplying gas on 10 March, marking the end of its output for the 2016-2017 winter heating season.

17 March 2017
Supply & Demand

Chongqing’s gas consumption rises to 1.72 bcm in Jan-Feb 2017

The Chinese municipality of Chongqing consumed 1.72 billion cubic metres of gas in the first two months of 2017, up by 15.46% year on year.

17 March 2017
Exploration & Production

Daqing oilfield gas production up year on year

The Daqing oilfield produced 713 MMcm of gas in the first two months of 2017, up by 37 MMcm from the previous year.

15 March 2017
Pipelines, Storage & Power

JV set up to build heavy-duty gas turbines in China

Chinese manufacturing company Harbin Electric and General Electric’s China subsidiary will set up a 50/50 joint venture to build heavy-duty gas turbines.

15 March 2017
Sinopec’s Lichuan gas processing plant in Hubei province. The region hopes to lower gas bills for end-users. (Interfax) Policy & Regulation

Hubei squeezes distributors to cut end-user gas bills

Hubei officials are targeting lucrative margins in the city gas distribution business as they look to reduce gas bills to drive demand growth.

15 March 2017

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