Work on the Power of Siberia pipeline, which will deliver gas to Beijing. (Gazprom) Companies & Finance

Siberian gas set to shore up Beijing’s supply mix

Gas from a Rosneft subsidiary looks set to be piped to Beijing early next decade following a deal with the major gas distributor for China’s capital.

By Tang Tian 19 July 2017
Supply & Demand

Sinopec produces 12.8 bcm of gas in H1

China’s state-owned Sinopec produced 12.8 billion cubic metres of gas in H1, up by 16.3% year on year.

21 July 2017
LNG

Tianjin LNG terminal receives 0.6 mt in H1 2017

China National Offshore Oil Corp.’s Tianjin LNG terminal received 10 shipments amounting to 606,600 tons, worth $219 million, in the first half of 2017.

21 July 2017
Supply & Demand

Shemu gas field output hits 3 bcm

PetroChina’s Shemu gas field has produced 3.0 billion cubic metres of gas since it came online in 2011, the company has said.

21 July 2017
Supply & Demand

China consumes 114.6 bcm of gas in H1 2017

China consumed 114.6 billion cubic metres of gas in the first half of 2017, up by 15.2% year on year, according to the National Development and Reform Commission.

21 July 2017
LNG

China LNG output to average 42.3 MMcm/d this week

Domestic LNG output will be roughly unchanged from last week, while prices in northwest China, Inner Mongolia, Hebei and Tianjin will rise by 2.02%.

20 July 2017
Supply & Demand

Northwest Oilfield sells 537 MMcm in H1 2017

PetroChina’s Xinjiang-based Northwest Oilfield subsidiary sold 537 million cubic metres of gas in the first half of 2017

19 July 2017
Pipelines, Storage & Power

CPPB starts construction on second part of experimental pipeline

China Petroleum Pipeline Bureau has started building the second part of an experimental section of the Russia-China Power of Siberia pipeline.

19 July 2017
LNG

LNG and pipeline trades boosted on China’s SHPGX

Pipeline gas transactions on the Shanghai Petroleum and Gas Exchange reached 502 MMcm in the second week of July, while LNG trades surged to 28,100 tons.

19 July 2017
Exploration & Production

Chinese gas production up 8% in H1 2017

China’s gas production increased by 8.0% year on year in the first half of 2017, to 74.08 billion cubic metres, with output in June up by 14.6%, to 11.5 bcm.

18 July 2017
LNG

Northeast Asian spot LNG prices holding steady

Spot LNG prices in Japan, South Korea, China and Taiwan averaged $5.46/MMBtu last week compared with $5.47/MMBtu the previous week.

18 July 2017
Pipelines, Storage & Power

China’s Xiangguosi UGS adds 1 bcm of gas in 2017

PetroChina has said that its Xiangguosi underground gas storage depot had added 1 billion cubic metres to its stocks this year as of 13 July, raising total stored volumes to 3.5 bcm.

17 July 2017
Efforts to tackle air quality in China may have been underestimated. (Interfax) Supply & Demand

China gas demand on pace for record growth in 2017

Demand for domestic and imported gas is rising faster than expected, putting China on track to boost consumption by a record amount this year.

17 July 2017
LNG

China’s LNG import capacity to hit 100 mtpa by 2025

China’s LNG import capacity is expected to grow by 8.6% per year, to 100 mtpa by 2025.

13 July 2017
Supply & Demand

Zhejiang consumes 4.8 bcm in H1 2017

China’s eastern coastal province of Zhejiang consumed 4.8 billion cubic metres of gas in the first half of 2017.

13 July 2017
Supply & Demand

PetroChina subsidiary produces 18.6 bcm in H1 2017

PetroChina has said that its Changqing Oilfield subsidiary produced 18.6 billion cubic metres of gas in the first half of 2017.

13 July 2017
LNG

Gas-for-power demand drives strong China LNG sales

Daily sales at several Chinese LNG terminals surged last week on strong gas-fired power demand.

13 July 2017
Global Markets

Nanning households hit 80% pipeline gas access

Nearly 80% of households in Nanning, capital of the Guangxi region of southern China, can access pipeline gas, according to local media.

12 July 2017
Guanghui Energy LNG storage in Xinjiang. The company has launched a terminal in Jiangsu. (Hanjung CIT) LNG

China’s independents tipped as LNG import force

The emergence of private Chinese buyers as potential term and spot LNG customers in the coming years could reshape the global market.

12 July 2017
LNG

Low stockpiles raise Chinese ex-works LNG prices

Chinese ex-works LNG prices averaged RMB 3,080/t last week, up by 0.78% from the previous week as low stockpiles led 25 plants to raise prices.

12 July 2017
LNG

Putian terminal H1 sales up 19%

CNOOC has said that its Putian LNG terminal sold 1.81 bcm of gas in the first half of 2017, up by 19% from the previous year.

11 July 2017

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