Few companies are taking advantage of third-party access to Chinese infrastructure. (CNOOC Tianjin LNG) LNG

China’s NOCs drag feet on third-party access

Only eight companies in three years have taken advantage of measures to promote third-party access to China’s LNG import infrastructure.

By Tang Tian 24 May 2017
Supply & Demand

Jiangsu’s gas consumption up 20% in Q1 2017

Gas consumption in China’s Jiangsu province increased by 20% year on year in the first quarter of 2017, to 5.2 billion cubic metres.

18 May 2017
LNG

Guangzhou Gas aiming to firm up Woodfibre LNG supply contract

Guangzhou Gas Group hopes to convert an MOA for 1 mtpa from the proposed Woodfibre LNG project in Canada into a sales-and-purchase agreement by the end of the year.

18 May 2017
LNG

Boost in supply cuts Chinese LNG prices

LNG plants in Shandong and Sichuan are expected to reduce wholesale prices in response to supply increases.

18 May 2017
Tianjin LNG terminal. China has received a total of nine cargoes from the US so far. (CNOOC) LNG

Industry plays down China’s demand for US LNG

Last week’s agreement between the US and China has paved the way for increasing LNG trade between the two countries, but a boom in US exports is not expected anytime soon.

17 May 2017
LNG

CBM-to-LNG plant shutdown cuts Chinese supply

Suspension of operations at the liquefaction plant in Shanxi last week reduced Chinese LNG output.

17 May 2017
LNG

US could become China’s third-largest LNG supplier by 2018

The United States could become China's third-largest LNG supplier after Australia and Qatar by 2018, according to Nomura analyst Gordon Kwan.

16 May 2017
Supply & Demand

Jiangsu to use 35 bcm/y of gas by 2020

Jiangsu province in eastern China expects to consume 35 billion cubic metres of gas every year by 2020

16 May 2017
Supply & Demand

Gazprom keen to agree terms for Far East exports to China

Gazprom hopes to agree the main terms of gas exports to China from Russia’s Far East, the Russian company’s chief executive, Alexei Miller, has said

16 May 2017
Exploration & Production

Output from Yuanba field hits 5 bcm

Sinopec has said that its Yuanba gas field in southwest China’s Sichuan Basin has supplied a total of 5 billion cubic metres since it went online in December 2015.

16 May 2017
LNG

Asian LNG prices rise as buyers prepare for summer

Spot LNG prices in Asia rose last week for the first time in nearly three months as buyers boosted purchases to prepare for the summer.

16 May 2017
Supply & Demand

Chinese gas output up by 6% so far this year

China’s gas output in the first four months of 2017 expanded by 6% year on year, to 50.9 billion cubic metres, according to the National Bureau of Statistics.

15 May 2017
Supply & Demand

Daniudi gas field output hits 30 bcm

Sinopec said its Daniudi gas field in the Ordos Basin of north China has produced 30 billion cubic metres of gas since it went online in 2002.

15 May 2017
Laying the second West-East Pipeline. Efforts to increase third-party access have made little progress. (CNPC) Policy & Regulation

Beijing struggles to promote direct gas pricing

Beijing is keen to see more buyers and sellers negotiate gas costs as part of pricing reforms, but vested interests are thwarting the plans.

15 May 2017
LNG

China raises hopes of taking US LNG

China has reached an agreement with the United States to provide greater access for US LNG exporters to the world’s third-largest gas market.

12 May 2017
LNG

CNOOC’s Dapeng LNG terminal passes cargo milestone

China National Offshore Oil Corp. has said the Dapeng LNG terminal had received 800 cargoes and a total of 53 mt as of 27 April.

12 May 2017
LNG

Sinopec completes third LNG terminal

Sinopec has finished building its third LNG terminal, located in the northern Chinese port city of Tianjin.

12 May 2017
Exploration & Production

Zhaotong shale gas test output hits 1.15 MMcm/d

PetroChina has achieved a test flow output of 1.15 million cubic metres per day from a platform in the Zhaotong shale gas demonstration zone.

10 May 2017
Exploration & Production

CNOOC hits oil and gas in Yingqiong Basin

China National Offshore Oil Corp. has found good oil and gas shows after drilling an ultra-high-temperature and high-pressure well in the western waters of the South China Sea.

10 May 2017
LNG

Labour Day holiday drags down Chinese LNG sales

LNG plants in north and northwest China had surplus supply after the transport of chemical goods along highways was banned during the 1 May holiday.

10 May 2017
A coal-fired power plant near Beijing in 2014. The city is set to replace coal power with gas. (PA) Policy & Regulation

Beijing set to hit coal-to-gas switching targets

Beijing’s arduous bid to clean up the city’s air is moving in the right direction thanks to an official campaign to switch from coal to gas.

9 May 2017

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