A gas processing plant at Changbei. Gas demand is expected to exceed  230 bcm in 2017. (Shell) Supply & Demand

China gas demand on course for double-digit growth

China’s energy watchdog has thrown its weight behind growing optimism over China’s gas demand, which looks set to surge back to double-digit growth this year.

By Colin Shek 21 August 2017
Exploration & Production

Nepal and China sign agreement on oil and gas exploration

Nepal signed an agreement with China to carry out a feasibility study to explore for oil and gas.

18 August 2017
Exploration & Production

Chinese oil and gas investment rises 12.6% over 2012-2016

China’s investment in oil and gas exploration rose by 12.6% between 2012 and 2016 compared with the previous five-year period

17 August 2017
Exploration & Production

Fuling shale sets new output record

Sinopec’s Fuling shale gas project in southwest China’s Chongqing municipality set a new output record of 532 MMcm in July.

17 August 2017
Supply & Demand

Chinese energy demand to peak at 4.06 btoe by 2040

China’s energy demand will peak at 4.06 btoe by 2040, CNPC’s research arm said on Wednesday.

17 August 2017
LNG

Tianjin top of Chinese terminal’s LNG sales

Tianjin managed the highest output out of all of China’s LNG terminals last week, with average daily sales of 240 tankers.

17 August 2017
Sinopec will diversify its investments by expanding into city gas distribution. (Interfax) Global Markets

Sinopec preps for downstream city gas expansion

China’s second largest gas producer is preparing to expand down the industry chain into city gas distribution as it seeks to grow its gas business.

16 August 2017
LNG

Gas sales show strong growth on China’s SHPGX

Pipeline gas transactions on the exchange made massive gains from a year ago while LNG trades nearly doubled.

16 August 2017
Pipelines, Storage & Power

China plans 16.54 GW of gas-fired DG projects by 2020

China will build 147 gas-fired distributed generation projects with a total installed capacity of 16.54 GW by 2020.

15 August 2017
Exploration & Production

PetroChina’s Tarim oilfield supplies 12.3 bcm to WEP I

PetroChina’s Tarim oilfield supplied 12.3 bcm of gas to China’s first West-East Pipeline in the first half of 2017.

15 August 2017
Pipelines, Storage & Power

WEP III supplies to Fujian hit 214 MMcm

China’s third West-East Pipeline has supplied 214 MMcm of gas to Fujian since December 2016.

15 August 2017
Exploration & Production

China to start commercial shale production in Guizhou and Hubei

China is likely to start commercial production of shale gas in the southern city of Anye in Guizhou province and Yichang in Hubei province.

15 August 2017
LNG

North Asian spot LNG averages $5.48/MMBtu

Prices in Japan, South Korea, China and Taiwan were down slightly in the second week of August.

15 August 2017
LNG

Zhuhai LNG terminal averages sales of 171 tankers per day

CNOOC's Zhuhai LNG terminal sold an average of 171 tankers of LNG per day in the first week of August.

14 August 2017
Exploration & Production

China gas output up 15% in July

China produced 11.7 billion cubic metres of gas in July, up by 14.7% year on year.

14 August 2017
PetroChina’s Dalian terminal ranked third in terms of spot imports. (Interfax) LNG

China’s spot LNG imports maintain momentum in H1

China’s LNG buyers took full advantage of cheaper prices on the spot market in H1 2017, as the current global LNG glut continued to depress prices.

14 August 2017
LNG

CNOOC’s Tianjin terminal has signed 32 contracts since startup

China National Offshore Oil Corp.’s Tianjin LNG terminal has signed 32 sales contracts for deliveries since it came online in December 2014.

11 August 2017
Supply & Demand

China’s Liaoning province aiming to use 15 bcm/y by 2020

The Chinese province of Liaoning aims to use 15 billion cubic metres of gas per year by 2020.

11 August 2017
Pipelines, Storage & Power

CNPC’s pipeline unit ready to play its part in infrastructure buildout

CNPC has said its pipeline unit should be ready to play a role as China ramps up the construction of oil and gas pipelines over the next decade.

11 August 2017
LNG

Chinese LNG output set to rise 6.25% in August

China’s LNG output is projected to rise by 6.25% in August compared with July, to 1.28 bcm.

10 August 2017
Exploration & Production

PetroChina subsidiary drills shale well to depth of over 6,000 metres

PetroChina’s Southwest Oil & Gas Field unit has finished drilling the Lu 202 shale well to a record depth of 6,095 metres.

9 August 2017

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