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Pipelines, Storage & Power

Shanxi Province's Taiyuan-Changzhi Pipeline goes live

Shanxi Guohua Energy has brought its Taiyuan-Changzhi pipeline in Shanxi Province online, the local newspaper Changzhi Daily reported on Friday.

17 February 2012
Exploration & Production

Sinopec's gas output increases across the board in Sichuan

Gas output at Sinopec’s Puguang field in Sichuan Province is expected to grow by 25% from year-on-year to 10 billion cubic metres in 2012, Sinopec announced in a newsletter on Wednesday.

16 February 2012
Exploration & Production

Analysts throw doubt on China’s shale potential

According to the EIA, China has 36.1 trillion cubic metres of technically recoverable shale gas resources – almost double the amount estimated for the US

16 February 2012
LNG

CNOOC's Ningbo LNG terminal to go online in Q3

China National Offshore Oil Corp.'s (CNOOC’s) LNG receiving terminal on the east coast of China in Zhejiang Province will be ready to receive shipments in the third quarter of 2012, the Ningbo Evening Post reported on Wednesday.

16 February 2012
Exploration & Production

CNPC banks on Keshen, Dabei gas fields for greater growth

China National Petroleum Corp.'s (CNPC) hopes of accelerating growth in domestic gas output received a boost on Wednesday after the company revealed significant production figures at two recently-discovered gas fields in west China

16 February 2012
Exploration & Production

CNPC and Sinopec outline production at major fields

China’s largest gas condensate field, located in the Xinjiang Uyghur Autonomous Region, has produced 10 billion cubic metres of gas since entering operations in June 2009, the field’s operator China National Petroleum Corp. (CNPC) announced on Wednesday.

15 February 2012
Exploration & Production

BP wins approval for farm-in to CNOOC deepwater block

A year after reaching an agreement with China National Offshore Oil Corp. (CNOOC), BP has completed its farm-in to a deep-water block in the South China Sea, after it obtained approval from China's Ministry of Commerce (MOFCOM).

15 February 2012
Supply & Demand

Sichuan cuts WEP II gas prices in bid to ease shortages

Southwest China's Sichuan Province reduced the wholesale price of gas sourced from the second West-East Gas Pipeline (WEP II) at the start of this year following a twice-yearly price review.

15 February 2012
Supply & Demand

Sichuan's ample gas supplies sidestep local industry

China's state-owned majors are exporting the bulk of gas output in Sichuan Province to the energy-hungry east coast of the country, causing local industry to endure major gas shortages

14 February 2012
Companies & Finance

Privatisation of China Resources Gas subsidiary completed

The privatisation of China Resources Gas’ (CR Gas) subsidiary Zhengzhou China Gas Resources Gas (ZZ Gas) was finalised in Hong Kong on Tuesday, with Zhengzhou Gas being delisted from the Hong Kong Stock Exchange (HKSE) before the market opened its morning session.

14 February 2012
Exploration & Production

Sinopec unit lowers gas output targets in Xinjiang for 2012

Sinopec Northwest Oilfield Corp. expects gas output from the Xinjiang Uyghur Autonomous Region to fall by 11.9% year-on-year.

14 February 2012
Policy & Regulation

China regulators begin inspecting gas imports

China's General Administration of Quality Supervision, Inspection and Quarantine (GAQSIQ) completed its first inspection of imported gas, China National Offshore Oil Corp. , the operator of the receiving terminal, announced last week.

13 February 2012
Exploration & Production

China ratchets up shale gas output forecast for 2020

China's shale gas output could exceed 100 billion cubic metres per year (bcm/y) by 2020, Zhang Dawei, deputy director of the Ministry of Land and Resources' (MLR) Oil and Gas Centre, told Interfax on Monday.

13 February 2012
Policy & Regulation

China's regulators approve clutch of overseas energy investments

The National Development and Reform Commission (NDRC), China's state economic planner, has approved seven overseas oil and natural gas investments made by the country's three state-owned majors

13 February 2012
Supply & Demand

Canadian PM pitches energy sales to Chinese business

Canadian Prime Minister Stephen Harper made one of his strongest pitches yet to leading figures from China's business community at a business dinner in Guangzhou on Friday.

13 February 2012
Exploration & Production

China slashed spending on overseas oil and gas assets in 2011

China dialled down spending on overseas oil and gas assets in 2011, with acquisitions down by one-third from a year earlier to $19.25 billion, China National Petroleum Corp. (CNPC) said in its 2011 Global Oil and Gas Industry Development Report issued on Thursday.

10 February 2012
Pipelines, Storage & Power

Zhongwu pipeline transmits 10 bcm to Hunan and Hubei

China National Petroleum Corp.'s (CNPC) Zhongwu Natural Gas Pipeline supplied approximately 10 billion cubic metres of gas to the central Chinese provinces of Hunan and Hubei since entering operations in 2004, CNPC announced on Friday.

10 February 2012
Supply & Demand

Beijing’s gas consumption to top 13% in 2012

Beijing's gas consumption is expected to reach 7.8 billion cubic metres this year, an increase of 13.04% from 2011

10 February 2012
Pipelines, Storage & Power

China concerned about Central Asia Pipeline security

Although the bulk of security concerns sparked by United States and European Union sanctions on Iran's petroleum industry have centred on the possible closure of the Strait of Hormuz in the Persian Gulf, the prospect of conflict spilling over the border into neighbouring Turkmenistan and disrupting the Central Asia-China Gas Pipeline (CACP) may als

10 February 2012
Companies & Finance

ENN Energy Holdings will not sweeten China Gas offer

China’s ENN Energy Holdings said that its offer to China Gas Holdings had been “very reasonable” and that it was not looking to sweeten the deal, according to the Hong Kong Economic Journal on Thursday.

9 February 2012

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