LNG capacity at CNOOC’s Ningbo terminal in Zhejiang is set to grow. (CNOOC Zhejiang LNG) Global Markets

Zhejiang set for gas demand boom

Zhejiang’s 13th Five-Year Plan for Coal, Oil and Gas calls for gas to take a larger share of the energy mix as the province tries to keep up with national targets.

CNOOC’s Tianjin LNG terminal. China’s LNG imports may soon reach 30 mtpa. (CNOOC) LNG

China-Korea LNG shake-up sparks Chinese scepticism

Chinese experts have poured cold water on a prediction that China will surpass South Korea as the world’s second-largest LNG importer this year.

Supply & Demand

Tarim Oilfield pumps 160 MMcm since November

PetroChina’s Tarim Oilfield subsidiary has supplied 160 million cubic metres of gas to south Xinjiang since November.

23 February 2017
Policy & Regulation

National Energy Administration underlines Chinese gas goals

China’s National Energy Administration has restated its target of boosting the share of gas in the country’s energy mix to 6.8% by the end of this year.

23 February 2017
Gas for Transport

Jinan hikes gas prices for NGVs by 20%

Retail gas prices for vehicles in Jinan, the capital of Shandong province, have been increased by nearly 20%.

22 February 2017
Policy & Regulation

Jiangxi plans to boost its gas consumption

Jiangxi in southeast China aims to increase its gas consumption to 6.5 billion cubic metres per year by 2020, representing 8% of the province’s energy mix.

22 February 2017
Pipelines, Storage & Power

Xingtai to speed up switch from coal to gas

China Gas Holdings signed an agreement on Tuesday with the government of the prefecture of Xingtai in Hebei province to accelerate coal-to-gas switching.

22 February 2017
Policy & Regulation

China may release gas demand guidelines soon

China may release its final guidelines on boosting gas demand in the next few days.

22 February 2017
LNG

Chinese wholesale LNG prices inch upwards

Chinese wholesale LNG prices averaged RMB 3,024/t last week, edging up by 0.23% from the previous week.

22 February 2017
LNG

Warmer weather hits Asian spot LNG prices

Spot LNG prices for northeast Asia fell by 2.52% last week from the previous week, to $7.72/MMBtu, as warmer weather curbed heating demand.

21 February 2017
Supply & Demand

Changqing Oilfield output hits 6.52 mtoe so far this year

CNPC’s Changqing Oilfield produced 6.52 mt of oil equivalent in the first six weeks of this year, comprising 2.75 mt of crude oil and 4.72 billion cubic metres of gas.

17 February 2017
Pipelines, Storage & Power

CNPC and Gazprom agree to build Chinese gas storage

China National Petroleum Corp. and Gazprom have signed a geological technology research agreement to build an underground gas storage facility in China.

17 February 2017
Global Markets

PetroChina pipeline unit passes 1 bcm supply milestone

A unit of PetroChina Southwest Pipeline Co. has supplied 1 billion cubic metres of gas in Guizhou province since it was established in 2012.

16 February 2017
Pipelines, Storage & Power

Chinese official calls for greater cooperation with Russia

Chinese Vice Premier Zhang Gaoli has called for more research between China and Russia on pipeline gas supplies along a western route and Far East supply projects.

16 February 2017
Companies & Finance

Daewoo wins LNG ship patent case

Daewoo Shipbuilding and Marine Engineering has won a patent case in China related to its core technology for vessels running on LNG.

16 February 2017
Policy & Regulation

Shijiazhuang aims to cut air pollution by one-fifth

Shijiazhuang, the capital of Hebei province and one of most polluted cities in China, aims to cut concentrations of deadly airborne particles by one-fifth this year.

15 February 2017
Exploration & Production

Sinopec tests four shale gas wells in Chongqing

Sinopec has tested four shale gas exploration wells in Pingqiaonan region of Nanchuan, Chongqing, with each well flowing more than 200,000 cubic metres per day.

15 February 2017
Beijing has a severe air pollution problem. (Interfax) Policy & Regulation

Gas may worsen China smog – researchers

Gas has been touted as a solution for China’s smog crisis, but its cleaner-burning credentials have been called into question by a number of experts.

15 February 2017
Global Markets

Chinese LNG trading down slightly in January

A total of 93,070 tons of LNG was transacted on the SHPGX in January 2016 compared with 110,460 tons in December 2016 and 7,100 tons in January 2015.

15 February 2017
Policy & Regulation

Beijing to cut coal consumption by 30% this year

The city of Beijing plans to cut its coal consumption by 30% year on year in 2017, to less than 7 mt, as part of efforts to improve air quality.

14 February 2017
LNG

Tangshan LNG terminal receives 1.5 mt over past three months

PetroChina’s Tangshan LNG terminal in northern Hebei province received 18 cargoes with a total volume of 1.50 mt from 13 November to 6 February.

14 February 2017
Alternative Fuels

China amiing to develop floating nuclear power station

China will develop a floating nuclear power station in the next five years to provide reliable power supply for offshore gas production projects

14 February 2017

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