LNG plant in Ningxia, china LNG

Feedstock squeeze to tighten China’s LNG output

Production of LNG in two of China's major producing regions has been crimped by limited gas supply.

By Tang Tian 22 November 2017
Exploration & Production

Xinjiang’s Yili Prefecture CTG projects hold promise

Coal-to-gas (CTG) projects with a combined annual production capacity of 31.5 billion cubic metres are under construction in the Yili Kazakhstan Autonomous Prefecture in the Xinjiang Uyghur Autonomous Region, state-owned Xinjiang Economic News reported on Wednesday.

30 September 2011
Exploration & Production

Green Dragon Gas results show profit up

Green Dragon Gas, an independent CBM producer and distributor based in China, released interim results for the six months ending 30 June on Friday, which detailed a 68% increase in revenue to $36.2 million, and a 41% increase in gross profit to $5.3 million over the same period last year.

30 September 2011
Companies & Finance

Guangzhou Holdings eyes $686 mln private placement

Guangzhou Development Industry Holdings, an energy supplier in Guangdong Province, plans to raise RMB 4.38 billion ($686 million) through a private placement to finance construction and expansion of gas projects, the company announced on 28 September.

29 September 2011
LNG

Sinopec to form JV for CNG development in Shanxi Province

China Petrochemical Corp. (Sinopec) signed an agreement with state-owned Shanxi International Energy on 27 September to establish a joint venture (JV) focused on the construction of compressed natural gas (CNG) filling stations in Shanxi Province, Shanxi Energy announced on Thursday.

29 September 2011
Supply & Demand

China’s natural gas supply-demand to balance out this winter - analysts

China is unlikely to experience severe gas shortfalls this winter as the country’s gas supply and demand have achieved a level of equilibrium, according to several China-based industry analysts.

29 September 2011
Exploration & Production

Dart targets Dajing for further exploration

Coal-bed methane company Dart Energy hopes to tap as much as 170 billion cubic metres (6 trillion cubic feet) at its Dajing project in Xinjiang Province in China where it spudded its first two exploration wells earlier this month.

28 September 2011
Companies & Finance

CSRC reviews Henan Lantian Gas IPO

The China Securities Regulatory Commission (CSRC) is reviewing an initial public offering (IPO) application from Henan Lantian Gas, a Henan Province-based natural gas distributor.

28 September 2011
Supply & Demand

China's gas-fuelled power plans could backfire

China’s plan to install 60 gigawatts of gas-fired power plants by 2015 may not be viable because of limited domestic supply and the high cost of imports, industry experts have told Interfax.

28 September 2011
Pipelines, Storage & Power

LNG storage depots in Guangdong's Zhanjiang City to boost supplies

Zhanjiang ENN Gas, a municipal gas distribution unit of Hong Kong-listed ENN Energy Holdings, will put four LNG storage depots into operation in Zhanjiang City, Guangdong Province, by October this year, state-owned Zhanjiang Daily reported on Wednesday.

28 September 2011
Supply & Demand

China to favour gas over nuclear, coal - Inventis CEO

China will move towards natural gas and away from nuclear and coal in its 12th Five-Year plan, Yong Kwek Ping, Chief Executive of investment fund Inventis, predicted at the World Independent Junior Oil and Gas Conference in London on Wednesday.

28 September 2011
Exploration & Production

CNPC on track to boost production capacity of Tarim oilfield assets

The Tarim oilfield in western China's Xinjiang Uyghur Autonomous Region will have an annual natural gas production capacity of 20 billion cubic metres (706 billion cubic feet) by the end of this year – a 15% increase over 2010 – China National Petroleum Corp. (CNPC), the owner and operator of the field, announced on Tuesday.

27 September 2011
Exploration & Production

Sinopec unit makes headway in CBM exploration

East China Petroleum Bureau, a unit of Sinopec, has drilled 19 coal-bed methane (CBM) test wells in Shanxi Province’s South Yanchuan CBM Block since May 2009, according to a Sinopec newsletter released Tuesday.

27 September 2011
Supply & Demand

Rising costs deter CNOOC from relying on spot market

China National Offshore Oil Corp. (CNOOC) has little interest in purchasing spot imports of LNG this winter, according to a company official who spoke to China Daily on Tuesday.

27 September 2011
Pipelines, Storage & Power

Chongqing county to tap natural gas from CNPC's WEP network

The Pengshui Miao and Tujia Autonomous County of Chongqing Municipality will begin receiving 300,000 cubic metres of natural gas per day from China National Petroleum Corp.'s West-East Natural Gas Pipeline Network (WEP I and WEP II) by October 2012, the county government announced on 22 September.

26 September 2011
LNG

Zhuhai LNG places equipment orders valued at $31 million for terminal

Guangdong Zhuhai Golden Bay LNG, the operator of Guangdong Province's Zhuhai LNG terminal, has placed equipment orders valued at RMB 200 million ($31.32 million) with eight international companies, China National Offshore Oil Corp. (CNOOC), the controlling shareholder of the LNG terminal, announced on Friday.

26 September 2011
Pipelines, Storage & Power

Rizhao City to link with WEP II by year end

Rizhao City in east China's Shandong Province will be linked to the second West-East Natural Gas Pipeline (WEP II) by the end of 2011, the Rizhao arm of the National Development and Reform Commission (Rizhao NDRC) said on Monday in a statement released on their website.

26 September 2011
Exploration & Production

Sinopec expects Erdos Basin projects to yield 6 bcm of natural gas annually by 2015

The North China Petroleum Bureau, a unit of Sinopec, expects annual production from its gas fields in the Inner Mongolia Autonomous Region's Erdos Basin to hit 6 billion cubic metres by 2015, Sinopec announced on its website on Monday.

26 September 2011
Supply & Demand

CNPC postpones natural gas price hike in Ningxia

China National Petroleum Corp. (CNPC) will postpone a 10% natural gas price hike in west China's Ningxia Hui Autonomous Region, the Ningxia arm of the National Development and Reform Commission (Ningxia NDRC) announced on Friday.

23 September 2011
Pipelines, Storage & Power

CNPC's Chongqing UGS facility to go online by June 2012

China National Petroleum Corp.’s (CNPC) underground gas storage (UGS) facility in Chongqing in south-west China is expected to begin operations by June 2012, state media reported on Friday.

23 September 2011
Policy & Regulation

China's State Council moves to amend oil and gas resource tax

China's State Council has moved to amend a resource tax on crude oil and natural gas producers, according to the official Xinhua news agency 21 September.

22 September 2011

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