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LNG

First Moss-type LNG carrier arrives at CNOOC’s Yuedong terminal

CNOOC received a Moss-type LNG carrier at its Yuedong terminal in Guangdong province for the first time last week

16 August 2018
Exploration & Production

Petro-king Oilfield Services to provide fracking services in China

Oilfield services provider Petro-king Oilfield Services has won a bid to provide shale gas fracturing services in southwestern China.

16 August 2018
Companies & Finance

CNPC to invest $3.7 bln in key Chinese interconnection projects

China National Petroleum Corp. will invest RMB 25.8 billion on 33 key interconnection projects in 2018-2019.

16 August 2018
LNG

Tianjin and Ningbo LNG terminals vie for top spot

CNOOC's Tianjin terminal sold the most truckloads of LNG in China last week, although the company's Ningbo facility was not far behind.

16 August 2018
Global Markets

Shanghai Gas Group supplies 690 MMcm to Shanghai in July

Shanghai Gas Group supplied 690 million cubic metres of gas to Shanghai in July, up by 7.9% from a year ago

15 August 2018
LNG

Zhenhua Oil sets up new LNG investment and trading business

China’s Zhenhua Oil has established a new business unit to invest in LNG terminals and trade the fuel on the spot market

15 August 2018
Supply & Demand

Nanjing gas consumption up 20.1% in H1 2018

Nanjing, capital city of eastern China's Jiangsu province, increased its gas consumption by 20.1% year on year in H1 2018, to 742 million cubic metres

15 August 2018
Pipelines, Storage & Power

Sinopec looking to expand gas pipeline network in Shandong

Sinopec aims to expand its gas pipeline network in Shandong between 2019 and 2023 to cover cities in the east and southwest of the province

15 August 2018
An LNG carrier being unloaded at PetroChina’s Tangshan LNG terminal LNG

More LNG berths for north China but demand unclear

An aggressive push to boost LNG import infrastructure around China’s Bohai Bay could saddle the region with surplus capacity if future gas demand is underwhelming.

15 August 2018
LNG

Output boost leads to drop in Chinese LNG prices

Greater production levels prompted 44 Chinese LNG plants to cut their asking prices last week.

15 August 2018
Pipelines, Storage & Power

CNPC’s Hutubi gas storage depot now holds 1.32 bcm

CNPC’s Hutubi underground storage depot has stored 1.32 bcm of gas since injections started on 2 April

14 August 2018
Global Markets

Chinese gas output up 10.5% in July

China’s gas output increased by 10.5% year on year in July, to 13.0 bcm

14 August 2018
Global Markets

Henan province consumes 759 MMcm of gas in July

Central China’s Henan province consumed 759 MMcm of gas in July

14 August 2018
LNG

Asian spot LNG prices rise for second week running

Spot prices for LNG in Asia increased by 4.33% last week as demand and oil prices remained robust.

14 August 2018
Pipelines, Storage & Power

CNOOC completes 1,283 km of pipelines in Guangdong

CNOOC has built 1,283 km of long-distance gas pipelines in Guangdong province, local media has reported

13 August 2018
Exploration & Production

Tarim Oilfield output hits 75 MMcm

CNPC’s Tarim Oilfield unit is producing 75 MMcm/d of gas and 1.52 mt of crude oil

13 August 2018
LNG

Ningbo LNG terminal imports up 85% in July

CNOOC’s Ningbo LNG terminal unloaded 510,000 tons of LNG in July, an 85% increase year on year

13 August 2018
LNG

PetroChina considering alternatives to US LNG

PetroChina is considering halting LNG imports from the United States this winter to avoid potential tariffs on the fuel

13 August 2018
Chinese gas storage tanks Supply & Demand

PetroChina eyes price hikes to curb winter demand

China’s top gas supplier could hike prices significantly across the board this winter as it looks to manage demand amid sustained coal-to-gas switching.

13 August 2018
Policy & Regulation

Chongqing to increase residential gas tariffs

Retail residential gas tariffs in southwestern China’s Chongqing municipality will rise by RMB 0.26 per cubic metre from 15 August

10 August 2018

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