Work on the Power of Siberia pipeline, which will deliver gas to Beijing. (Gazprom) Companies & Finance

Siberian gas set to shore up Beijing’s supply mix

Gas from a Rosneft subsidiary looks set to be piped to Beijing early next decade following a deal with the major gas distributor for China’s capital.

By Tang Tian 19 July 2017
LNG

Gas-for-power demand drives strong China LNG sales

Daily sales at several Chinese LNG terminals surged last week on strong gas-fired power demand.

13 July 2017
Global Markets

Nanning households hit 80% pipeline gas access

Nearly 80% of households in Nanning, capital of the Guangxi region of southern China, can access pipeline gas, according to local media.

12 July 2017
Guanghui Energy LNG storage in Xinjiang. The company has launched a terminal in Jiangsu. (Hanjung CIT) LNG

China’s independents tipped as LNG import force

The emergence of private Chinese buyers as potential term and spot LNG customers in the coming years could reshape the global market.

12 July 2017
LNG

Low stockpiles raise Chinese ex-works LNG prices

Chinese ex-works LNG prices averaged RMB 3,080/t last week, up by 0.78% from the previous week as low stockpiles led 25 plants to raise prices.

12 July 2017
LNG

Putian terminal H1 sales up 19%

CNOOC has said that its Putian LNG terminal sold 1.81 bcm of gas in the first half of 2017, up by 19% from the previous year.

11 July 2017
Exploration & Production

Shale gas reservoir found in Hubei

A shale gas reservoir has been discovered in the city of Yichang in China’s Hubei province.

11 July 2017
Exploration & Production

Chinese shale gas output up 77%

China’s shale gas output increased by 76.3% on an annual basis in 2016, to a record 7.89 billion cubic metres.

11 July 2017
LNG

Northeast Asian spot LNG prices inch up

Spot LNG prices in Japan, South Korea, China and Taiwan averaged $5.47/MMBtu last week – one cent higher than a week ago.

11 July 2017
LNG

Construction begins on LNG storage facility in Wuhan

China has started building a 100 million cubic metre LNG storage facility in the central Chinese city of Wuhan.

10 July 2017
Exploration & Production

China completes methane hydrate extraction trial

China completed a 60-day trial of methane hydrate extraction in the South China Sea on Sunday.

10 July 2017
An LNG filling station in Jiangsu (Ministry of Transport). LNG

Transport puts China LNG demand on road to recovery

LNG sales in China surged by 45% year on year in H1 2017, with demand from transport and industry the main drivers.

10 July 2017
Supply & Demand

Chinese gas consumption will reach 323 bcm/y by 2020 – Woodmac

China’s gas consumption will reach 323 billion cubic metres per year by 2020 and 540 bcm/y by 2030, Wood Mackenzie said on Friday.

7 July 2017
Companies & Finance

CNPC sells 2.7 bcm of gas to Shandong

China National Petroleum Corp.’s eastern China sales unit sold 2.7 billion cubic metres of gas in Shandong province in the first five months of 2017.

7 July 2017
LNG

Guanghui plans to expand Qidong LNG terminal

Shanghai-listed Guanghui Energy said on Thursday it plans to expand the capacity of its LNG terminal in Qidong, Jiangsu province to 3 mtpa by the end of 2019.

7 July 2017
Gas for Transport

CIMC Enric to buy LNG bunkering tank manufacturer

Hong Kong-listed CIMC Enric Holdings has signed a deal to purchase SinoPacific Offshore & Engineering, a manufacturer of LNG marine storage tanks.

6 July 2017
LNG

Increased Chinese LNG output forecast for July

China’s domestic LNG output is projected to increase by 8.02% in July from June, to 1.2 bcm.

6 July 2017
Exploration & Production

CNPC’s Kela 2 gas field hits output milestone

China National Petroleum Corp.’s Kela 2 gas field in Xinjiang had produced 100 billion cubic metres to date as of Tuesday.

5 July 2017
Supply & Demand

China’s NDRC pushes for increase in gas use

China’s National Development and Reform Commission has released a circular encouraging the increased use of gas in the country over the next few years.

5 July 2017
LNG

CNOOC’s Zhuhai LNG terminal supplies 1.74 mt

China National Offshore Oil Corp. has said its Zhuhai LNG terminal had supplied 1.84 billion cubic metres of pipeline gas and 1.74 mt of LNG as of 1 July since coming online in October 2013.

5 July 2017
Qatargas delivered the first cargo to the Hainan LNG terminal in August 2014. (Qatargas) LNG

CNOOC sanguine over idle Hainan terminal’s future

CNOOC’s Hainan terminal has the lowest utilisation rate of China’s LNG terminals, but the company is taking a longer-term view.

5 July 2017

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