Sinopec’s LNG terminal in Beihai. Supply & Demand

China gas boom to trigger new ‘LNG super-cycle’

Chinese importers need to start contracting for more LNG to avoid a supply shortfall early next decade that could spark a new ‘super-cycle’ in export projects.

By Colin Shek 18 October 2017
Exploration & Production

China targets US levels of shale gas production

China’s unconventional output will equal that of the United States says Fu Chengyu, Chairman of China Petrochemical Corporation

7 December 2011
Exploration & Production

CNPC sees results at China's first shale gas horizontal well

China's first horizontal shale gas well, operated by China National Petroleum Corp. (CNPC), has produced more than 2 million cubic metres of shale gas since beginning test production in August, a manager with CNPC's partner on the project told Interfax on Tuesday at an industry conference in Beijing.

7 December 2011
Exploration & Production

Cheaper LNG likely product of strong shale growth in China

Strong growth in the shale gas sector in China could lead to cheaper prices for LNG across Asia, and even in Europe, over the long term, a paper published by a United States public policy think tank, the Baker Institute, has suggested.

7 December 2011
Supply & Demand

Details of China's gas pricing reforms trickle out

China's natural gas pricing structure may undergo changes that will see the price of gas pegged to a basket of other fuels and determined by the transmission distances, the state-controlled China Securities Journal reported on Monday citing unnamed sources.

6 December 2011
Companies & Finance

Shengli gears investment toward downstream

East China's Shandong Shengli will invest an aggregate RMB 76.5 million ($12.06 million) to develop four gas projects in Shandong and the Guangxi Zhuang Autonomous Region, according to a filing made on Tuesday with the Shenzhen Stock Exchange.

6 December 2011
Pipelines, Storage & Power

CNPE gets green light to expand gas-fired power plant in Dongguan

China New Power Energy Development (CNPE) has received approval from the Guangdong provincial arm of the National Development and Reform Commission to expand the installed capacity of a gas-fired powe

5 December 2011
LNG

CNOOC plans second FSRU project in north China

China National Offshore Oil Corp. (CNOOC) announced on Friday that it has signed a co-operation framework agreement with Yantai Port Group to build a floating storage and regasification unit (FSRU) pr

5 December 2011
Supply & Demand

Beijing gas consumption jumps 9% as capital sees first snowfall

Beijing Municipality's gas consumption surged by 9% on Friday as the capital witnessed its first snowfall this winter, Xu Chunfang, a representative of the local gas distributor Beijing Gas Group, tol

5 December 2011
Exploration & Production

China tweaks CBM production targets ahead of five-year plan release

China is mulling a revision of its already ambitious five-year targets for coal-bed methane (CBM) production

2 December 2011
LNG

China to triple LNG production capacity by 2015

China will boost its annual production of LNG to 7.5 million tons by 2015, Xu Zhengkang, co-author of the country’s five-year natural gas development plan, confirmed to Interfax on Friday.

2 December 2011
LNG

Guodian to build Chongqing's first gas-fired power plant

China Guodian Corp. (Guodian), one of the country's largest power providers, has signed a co-operation framework agreement with Zhong County in Chongqing Municipality to build a gas-fired power plant,

2 December 2011
LNG

Towngas JV in Dalian to build LNG project

Dalian Deta Towngas, the gas distributor for Liaoning Province’s Dalian City, will spend RMB 120 million ($18.8 million) to build a LNG utilisation project, Liu Weiguo, an engineer with Dalian Deta Towngas, confirmed to Interfax on Wednesday.

1 December 2011
Companies & Finance

Little appetite for E&P risk among Chinese investors

Securities analysts speaking at the World Independent and Junior Oil and Gas Congress Asia in Hong Kong on Tuesday said that Chinese investors have little appetite for exploration and production (E&P) risk in the current economic climate.

1 December 2011
Pipelines, Storage & Power

China's energy giants secure role in Guangdong's pipeline plan

The Guangdong provincial government released a long-awaited construction and operation plan on Tuesday for the province's gas pipeline network.

30 November 2011
Exploration & Production

Chinese CBM ‘option that works’ – Green Dragon

The coal-bed methane (CBM) sector in China now has “an option that works”, Randeep Grewal, chairman and chief executive of Green Dragon Gas, said when unveiling his company’s new drilling process to the media in Shanxi province in October.

30 November 2011
Exploration & Production

Hopes of improved mine safety with CBM development

The presence of coal-bed methane (CBM) in coal mines presents significant safety risks, but some industry experts believe CBM development can help China improve its mining safety record.

30 November 2011
Companies & Finance

China Gas Holdings books $432 mln in revenue in H1

Hong Kong Stock Exchange-listed China Gas Holdings Ltd.'s income from natural gas sales grew 40.1% year-on-year to HKD $3.37 billion ($432.74 million), according to the company's first half (H1) financial report released on Tuesday.

30 November 2011
LNG

South China region figures in Sinopec's LNG strategy

Sinopec plans to spend RMB 17.63 billion ($2.77 billion) on a comprehensive LNG project in the Guangxi Zhuang Autonomous Region, state media reported on Tuesday.

29 November 2011
LNG

CNOOC to expand LNG footprint in the Bohai Economic Rim

CNOOC Gas & Power Group (CNOOC G&P) has signed a project co-operation agreement to build an LNG receiving terminal in Yingkou, a port city in Liaoning Province, a source close to the company confirmed to Interfax on Tuesday.

29 November 2011
Exploration & Production

Tarim oilfield supplies 87 bcm of gas to date

The Tarim oilfield in west China's Xinjiang Uyghur Autonomous Region has supplied 87 billion cubic metres of natural gas as of 27 November, state-run Xinjiang Daily reported on Tuesday.

29 November 2011

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