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LNG

Tianjin terminal sales hit 1 mt of LNG so far in 2018

CNOOC’s Tianjin terminal has sold more than 1 mt of LNG and 500,000 tons of pipeline gas so far this year

15 June 2018
Policy & Regulation

Shaanxi cuts gas pipeline transport tariffs

Central China’s Shaanxi province cut gas pipeline transport tariffs by RMB 0.069 per cubic metre on 10 June

14 June 2018
LNG

CNPC launches direct LNG supply business in Fujian

CNPC's gas sales unit in Fujian province has launched a direct LNG supply business

14 June 2018
Exploration & Production

CNPC drills 188 new wells in Changqing oilfield

China National Petroleum Corp. had completed 188 new wells for the No. 2 gas plant at the Changqing oilfield as of Tuesday

14 June 2018
Supply & Demand

Chinese gas output hits 12.6 bcm in May

China produced 12.6 billion cubic metres of gas in May 2018, an increase of 5.9% compared with May 2017

14 June 2018
Exploration & Production

PetroChina strikes high flow rates in deep shale well

PetroChina has struck high flow rates in a deep shale gas well in Chongqing in southwestern China

14 June 2018
LNG

Chinese LNG plants up output to meet power demand

China is forecast to produce 32,045 tpd of LNG between 11-17 June as plants return from maintenance and others respond to greater power demand.

14 June 2018
Companies & Finance

China Gas Holdings expecting 45% profit boost

China Gas Holdings expects its net profit for the financial year ending 31 March to have increased by more than 45% on an annual basis

13 June 2018
Companies & Finance

Silk Road Fund signs Uzbek finance deal

Silk Road Fund has signed a framework agreement with Uzbekistan’s state gas company to provide funding for Uz

13 June 2018
Exploration & Production

Sino Gas & Energy reduces stake in Linxing PSC

SGE has reduced its stake in the Linxing production-sharing contract from 70% to 49%

13 June 2018
An LNG terminal in China Gas for Transport

China’s LNG truck growth slows as outlook darkens

Rising fuel costs and the loss of a major business segment are putting the squeeze on China’s output of large LNG-fuelled trucks, which soared last year.

13 June 2018
LNG

Oversupply causes fall in Chinese ex-works LNG prices

Forty-six Chinese LNG plants cut their prices by an average of 4.33% last week as a result of a supply glut.

13 June 2018
Companies & Finance

Hebei lowers citygate gas price for non-residential users

Central China’s Hebei province has lowered its citygate gas price for non-residential users from RMB 1.88 per cubic metre

12 June 2018
Companies & Finance

Shaanxi cuts citygate gas prices

China’s northern province of Shaanxi has cut citygate gas prices for residential and industrial users to RMB 1.23 per cubic metre

12 June 2018
LNG

Zhuhai LNG imports hit 5 mt

CNOOC’s Zhuhai terminal in Guangdong province has received 5 mt of LNG since it received its first cargo in November 201

12 June 2018
Companies & Finance

PetroChina sells nearly 19 bcm in eastern China between Jan and May

PetroChina’s eastern gas sales branch sold 18.97 billion cubic metres of gas in the first five months of 2018

12 June 2018
Companies & Finance

CNPC deepens cooperation with Gazprom

CNPC signed a supplementary agreement on Monday to an existing cooperation pact with Russia’s Gazprom

12 June 2018
Pipelines, Storage & Power

Beijing may announce Chinese pipeline asset merger this year

China’s regulators are aiming to announce a decision this year to merge the oil and gas pipeline assets owned by the country’s three state energy giants into a single company

12 June 2018
LNG

Higher temperatures push up Asian spot LNG prices

Prices increased by 3.63% last week from the previous week, to $9.70/MMBtu, as a result of strong air conditioning-related demand

12 June 2018
Global Markets

Beijing targets reduction in coal consumption for 2018

Beijing aims to consume less than 4.20 mt of coal this year, down from 4.85 mt in 2017.

11 June 2018

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