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Pipelines, Storage & Power

WEP 3 western segment officially launched after final inspections

The western segment of China’s third West-East Pipeline has passed final completion inspections, marking the official launch of the 2,445 km section

5 December 2018
Pipelines, Storage & Power

Shaanxi-Beijing pipelines supply 40.2 bcm so far this year

The four Shaanxi-Beijing pipelines have transported 40.2 billion cubic metres of gas so far in 2018

5 December 2018
LNG

Chinese LNG plants cut prices to challenge imports

Seventeen Chinese LNG plants cut their prices last week to make their supplies more competitive against imported cargoes from terminals.

5 December 2018
LNG

CNPC starts building third phase of Rudong LNG terminal

CNPC has started building the third phase of its Rudong LNG terminal in China’s Jiangsu province.

4 December 2018
Exploration & Production

CNPC subsidiary has produced 50.5 mtoe in 2018

CNPC’s Changqing Oilfield subsidiary has produced 50.15 mtoe of oil and gas so far this year.

4 December 2018
LNG

CNOOC has sold 1 mt of LNG from Putian this year

CNOOC had sold 1 mt of LNG from its Putian terminal in Fujian province this year as of 29 November.

4 December 2018
Pipelines, Storage & Power

Capacity increased on fourth Shaanxi-Beijing pipeline

The transmission capacity of the fourth Shaanxi-Beijing gas pipeline has been increased to 21.2 bcm/y

4 December 2018
CNOOc's Tianjin LNG terminal. (CNOOC) LNG

Imports expand share of China’s LNG market

China’s import terminals will significantly widen their lead over domestic liquefaction plants in LNG sales this year, boosted by high inventories.

4 December 2018
LNG

Asian spot LNG prices down 3.77% week on week

Prices averaged $9.82/MMBtu on 30 November, almost level with the same time last year.

4 December 2018
Policy & Regulation

CNPC and Gazprom to meet for further supply talks

Delegations from Russia’s Gazprom and China National Petroleum Corp. will meet in late December to negotiate the supply of gas from the Russian Far East to China.

3 December 2018
LNG

CNOOC signs medium-term SPA for LNG from Petronas

CNOOC has signed a medium-term LNG sales-and-purchase agreement with Malaysia’s Petronas that will come into effect next year

30 November 2018
Supply & Demand

China’s October gas consumption up by 16.3% year on year

China’s apparent gas consumption increased by 16.3% year on year in October, to 23.1 billion cubic metres, the National Development and Reform Commission said on Thursday.

30 November 2018
Pipelines, Storage & Power

CNPC unit to supply 2.1 bcm from storage over winter

CNPC's Daqing Oilfield unit is supplying 12 MMcm/d from its nine underground storage bases

30 November 2018
LNG

New agreement will see regasified LNG piped to Zhejiang from Shanghai

Regasified LNG will soon be piped from Shanghai to Zhejiang via PetroChina’s pipeline network

29 November 2018
LNG

Pipeline from Beihai LNG terminal to Liuzhou now onstream

A pipeline linking Sinopec’s Beihai LNG terminal to the city of Liuzhou started up on Sunday, marking the start of regasified LNG supplies from the facility within the Guangxi region of China

29 November 2018
Exploration & Production

CNPC’s Daqing Oilfield produces 3.1 bcm in Q1-Q3

China National Petroleum Corp.’s Daqing Oilfield subsidiary produced 3.1 billion cubic metres of gas domestically in the first nine months of 2018

29 November 2018
LNG

Gas supply cuts set to tighten China’s LNG output

China is forecast to produce an average of 33,286 tons per day of LNG this week as cuts to feed gas drag down overall output

29 November 2018
Exploration & Production

Fuling’s shale gas output reaches 16.7 MMcm/d

Sinopec is producing 16.7 million cubic metres per day at the Fuling shale gas field in the southwestern Chinese municipality of Chongqing

28 November 2018
Exploration & Production

CNPC’s domestic gas output will be 320 MMcm/d this winter

CNPC’s domestic gas fields will operate at capacity this winter and produce more than 320 million cubic metres per day in December and January

28 November 2018
Exploration & Production

Jianbei Block output hits 500 Mcm/d

Gas output at the Jianbei Block in western China’s Qinghai province reached the equivalent of 500,000 cubic metres per day on 21 November

28 November 2018

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