Gas fired distributed generation in shanghai Pipelines, Storage & Power

Challenges force Huadian to cut gas-fired distributed generation goals

High gas prices and lower power tariffs have led China’s biggest gas power producer to lower its capacity target for gas-fired distributed generation.

By Tang Tian 20 November 2017
Gas storage tanks in China. Pipelines, Storage & Power

China NOCs and distributors pass buck on gas storage

China’s upstream and downstream gas companies disagree over who should bear the brunt of building storage capacity.

8 November 2017
LNG

SHPGX spot trading of LNG and piped gas slumps

Pipeline gas trading on the exchange fell by 70% in October, while LNG trading dropped by 74%.

8 November 2017
LNG

PetroChina to boost storage capacity at Tangshan LNG terminal

PetroChina and Beijing Enterprises Group will each add two 160,000-cubic metre LNG storage tanks at the Tangshan LNG terminal in China’s Hebei province.

7 November 2017
Pipelines, Storage & Power

Kunlun Energy starts up new pipeline in Hunan

Kunlun Energy has started operating a new gas pipeline in central China’s Hunan province.

7 November 2017
LNG

Asian spot LNG prices leap by more than 20%

Spot LNG prices in Japan, South Korea, China and Taiwan jumped by 21.6% in October – the biggest monthly gain since November 2016.

7 November 2017
Global Markets

CNPC to cut industrial gas supplies as shortages forecast

CNPC plans to curb gas supply to industrial users by 3-10% because of expected gas shortages this winter.

6 November 2017
Pipelines, Storage & Power

Central Asia-China pipeline network passes transport milestone

The Central Asia-China pipeline network has transported a total of 200 bcm to date, equivalent to 11 years of gas supply for Beijing.

6 November 2017
chinese oil rigs Companies & Finance

PetroChina’s dash to gas in step with clean air push

China’s biggest oil company is shifting its upstream portfolio to gas as it moves to meet Beijing’s demand for blue skies.

6 November 2017
LNG

CNOOC renews FSRU contract for winter season

CNOOC has renewed a regasification and storage service contract with Engie for the coming winter season.

3 November 2017
Pipelines, Storage & Power

China has enough gas to meet CTG switching demand – ministry

China’s gas supply is high enough to meet growing demand from coal-to-gas switching, the Ministry of Environmental Protection has said.

2 November 2017
Companies & Finance

Chinese NOCs to boost capex in 2018

China’s three NOCs are expected to increase their capital expenditure in 2018, supported by healthier balance sheets and rising oil prices.

2 November 2017
Alternative Fuels

Tianjin to switch 1.2 mln homes to gas and electricity by end-2018

The northern Chinese port city of Tianjin plans to switch 610,000 coal-burning households to gas and electricity by the end of the year.

2 November 2017
LNG

Chinese LNG output to rise following maintenance

China is expected to produce 50.89 MMcm/d of LNG this week as plants in the northwest, northeast and central parts of the country resume production.

2 November 2017
Pipelines, Storage & Power

PetroChina making 8 MMcm/d of storage injections in Jintan

PetroChina has injected 8 MMcm of gas into the Jintan underground storage depot every day since the start of October.

1 November 2017
Global Markets

Beijing set to consume 12.5 bcm over winter heating season

Beijing is expected to consume 12.5 bcm of gas in the upcoming winter heating season.

1 November 2017
Global Markets

Heating demand and policy support to boost Chinese gas consumption

China’s gas consumption and imports will remain elevated over the coming months as greater use of heating spurs robust demand.

1 November 2017
A JOVO LNG truck in China. LNG

China looks to new LNG importers as demand booms

A growing number of independent players in China are looking to import LNG, buoyed by an aggressive gasification campaign that will keep demand high.

1 November 2017
LNG

Pipeline trading surges while LNG slumps on SHPGX

Pipeline trades on the Shanghai Petroleum and Gas Exchange hit 261 MMcm last week, surging from 105 MMcm the week before.

1 November 2017
Exploration & Production

PetroChina piped supplies to Xinjiang hit 3.5 bcm

PetroChina has supplied 3.5 bcm of gas to southern Xinjiang since a pipeline linking five cities in the region to the Tarim oilfield went online four years ago.

31 October 2017
LNG

Zhuhai terminal’s trucked LNG sales pass 2 mt

CNOOC's Zhuhai LNG terminal in Guangdong province has sold 2 mt of trucked LNG since it went online in November 2013.

31 October 2017

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