Few companies are taking advantage of third-party access to Chinese infrastructure. (CNOOC Tianjin LNG) LNG

China’s NOCs drag feet on third-party access

Only eight companies in three years have taken advantage of measures to promote third-party access to China’s LNG import infrastructure.

By Tang Tian 24 May 2017
LNG

Rudong terminal regasifying 10 MMcm/d

PetroChina’s Rudong LNG terminal is currently supplying 10 million cubic metres per day of regasified LNG.

26 May 2017
Exploration & Production

China to complete second methane hydrate rig in H2

China will complete construction of a second ultra-deepwater semi-submersible drilling rig capable of extracting gas from methane hydrates in H2.

26 May 2017
Pipelines, Storage & Power

CNOOC to build pipeline and base in Hainan

CNOOC will build a gas pipeline and regional operations base on the southern Chinese island province of Hainan, Chairman Yang Hua has said.

26 May 2017
Policy & Regulation

China’s NDRC restates need to cut urban gas distribution fees

China’s state economic planner, the National Development and Reform Commission, has reiterated the need to cut urban transport and distribution fees for gas.

25 May 2017
LNG

Northern China forecast to see reduced LNG output

China’s domestic LNG output is forecast to average 39.36 MMcm/d this week as production falls in the northwest and northeast.

25 May 2017
LNG

Tangshan to get new LNG terminal

Beijing Energy Investment Holding has signed an agreement with local authorities in the northeastern port of Tangshan, Hebei province, to build a new LNG terminal.

24 May 2017
LNG

Qidong LNG terminal will receive first cargo on 5 June

Guanghui Energy’s Qidong LNG terminal in Jiangsu province will receive its first cargo on 5 June.

24 May 2017
Pipelines, Storage & Power

Sinopec starts work on China’s largest gas storage facility

Sinopec said on Wednesday it has started building China’s largest gas storage and logistics centre.

24 May 2017
LNG

SHPGX pipeline sales surge as LNG slumps

Pipeline gas transactions on the SHPGX hit 304 MMcm last week, while LNG sales slumped to 10,860 tons.

24 May 2017
Supply & Demand

China imports 2.17 mt of LNG in April – customs data

China imported 2.17 mt of LNG in April, up by 9.04% from March and 15.03% from a year ago.

23 May 2017
Global Markets

Chongqing consumes 3.29 bcm of gas in Jan-Apr

The Chinese municipality of Chongqing consumed 3.29 billion cubic metres of gas in the first four months of this year, 10% more than in the same period last year.

23 May 2017
LNG

Asian LNG prices rise as region enters summer

Spot LNG prices in Japan, South Korea, China and Taiwan continued to increase last week as a result of rising gas-to-power demand.

23 May 2017
Exploration & Production

PetroChina Southwest inaugurates second shale gas JV

PetroChina Southwest Oil & Gas Field inaugurated its second shale gas joint venture last week, the company has said.

22 May 2017
Supply & Demand

China aiming to triple gas supply by 2030

China is aiming to triple its gas supply by 2030 and to equip more power plants to run on the fuel to reduce its greenhouse gas emissions.

22 May 2017
Exploration & Production

China successfully produces gas from methane hydrates

A Chinese rig drilling in the South China Sea has successfully produced gas from methane hydrates.

22 May 2017
Policy & Regulation

China sets eight oil and gas reform targets

The State Council, China’s cabinet, announced eight major oil and gas reform goals in a document released on Sunday.

22 May 2017
The Kenai LNG plant in Alaska. The state is hoping to supply LNG to Chinese buyers. (ConocoPhillips) LNG

Finance issues loom as new China LNG buyers emerge

Chinese LNG buyers are joining the global shift towards shorter supply contracts, but this strategy could backfire in the long run.

22 May 2017
Supply & Demand

Chinese gas consumption rockets by 21.7% in April

China’s gas consumption surged by 21.7% year on year in April, to 16.9 billion cubic metres, bringing the total for the first four months of 2017 to 80.5 bcm.

19 May 2017
LNG

CNOOC’s Shenzhen LNG terminal passes safety inspection

China National Offshore Oil Corp. has said its Shenzhen LNG terminal has passed a comprehensive pre-production safety inspection, paving the way for the start of trial operations.

19 May 2017
Policy & Regulation

China must cut gas transport fees – Li Keqiang

China should cut urban transport and distribution fees to reduce end-user gas tariffs, Chinese Premier Li Keqiang said in a State Council meeting on Wednesday.

18 May 2017

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