A photo of China’s Tianjin LNG terminal. LNG

CNOOC heeds call to shore up winter gas supply

China’s biggest LNG importer is bulking up capacity at its only receiving terminal in the north to help cover strong regional demand this winter.

By Tang Tian 20 September 2017
LNG

Chinese LNG output set to increase in September

China’s LNG output is forecast to increase by 11.71% in September from the previous month, to 1.43 bcm.

7 September 2017
Pipeline infrastructure in China Policy & Regulation

China advances pipeline reform with lower, clearer tariffs

China’s top economic planner has cut pipeline tariffs by an average of 15% and made pricing more transparent.

6 September 2017
LNG

Chinese wholesale LNG prices edge upwards in August

Wholesale LNG prices in China averaged $9.33/MMBtu in August, up by 0.19% from July, as several plants in the northwest suspended production.

6 September 2017
Pipelines, Storage & Power

Third West-East Pipeline sends 250 MMcm to Fujian

PetroChina’s third West-East Pipeline had sent 250 million cubic metres of gas to the province of Fujian as of 28 August since supplies started in December 2016.

5 September 2017
Exploration & Production

PetroChina starts drilling Neijiang-Dazu shale well

PetroChina started to drill the first shale well in the Neijiang-Dazu Block in Sichuan province on 30 August to a target depth of 4,790 metres.

5 September 2017
LNG

Northeast Asian LNG buyers start stockpiling for winter

Spot LNG prices in Japan, China, South Korea and Taiwan increased by an average of 2.09% month on month in July as buyers started to prepare for the cold season.

5 September 2017
LNG

Tangshan LNG terminal supplies China’s Hebei province with 10 bcm

PetroChina’s Tangshan LNG terminal in Hebei province has supplied 10 billion cubic metres of regasified LNG to the region’s pipeline network since it went online in November 2013.

4 September 2017
LNG

Zhuhai LNG terminal supplies China with 44 MMcm in late August

China National Offshore Oil Corp.’s Zhuhai LNG terminal supplied 44 million cubic metres of gas during 22-29 August

4 September 2017
Supply & Demand

Beijing confident on winter gas supply

Beijing Enterprises Holdings does not expect China’s capital to face gas shortages this winter as China National Petroleum Corp. has pledged to ensure supply.

4 September 2017
ENN Energy Holdings citygas gas storage Policy & Regulation

China price cut aims to maintain demand momentum

The benchmark gas price cut will shave nearly $1 billion off fuel costs for the non-residential sector and help ensure China’s gas demand stays healthy entering winter.

4 September 2017
LNG

Ningbo terminal clears 2 mt of supplies so far this year

China National Offshore Oil Corp.’s Ningbo terminal has sold 2 mt of pipeline gas and LNG this year.

31 August 2017
LNG

Chinese LNG sales shift as Typhoon Hato hits

LNG terminals in China’s Guangdong province suspended sales as Typhoon Hato struck southern China, with terminals elsewhere boosting output as a result.

31 August 2017
Supply & Demand

Turkmen gas exports to China hit 180 bcm

Amu Darya River Gas Co. and Turkmengaz have supplied 179.6 billion cubic metres of gas to China since December 2009.

30 August 2017
Exploration & Production

Fuling shale has sent 11.8 bcm via Sichuan-Shanghai pipeline since 2014

Sinopec’s Fuling shale gas field has supplied 11.8 bcm of shale gas through the Sichuan-Shanghai Pipeline.

30 August 2017
Exploration & Production

Qinghai Oilfield to complete gas capacity expansion by October

Qinghai Oilfield will finish building 500 MMcm of new gas capacity by October to ensure sufficient gas supplies this winter.

30 August 2017
Exploration & Production

Tarim Oilfield gas output up 10%

PetroChina’s Tarim Oilfield unit had supplied 14.2 billion cubic metres of gas this year as of 21 August.

30 August 2017
Policy & Regulation

NDRC to cut citygate prices for first time in two years

China’s NDRC will cut citygate prices for non-residential gas by a flat rate of RMB 0.1/cm on 1 September.

30 August 2017
LNG

Cheap LNG imports force Shandong plants offline

Cheap imports are dominating the LNG market in the Chinese province of Shandong and forcing local plants to stop production.

30 August 2017
LNG

Chinese wholesale LNG prices edge down

Twenty plants in Inner Mongolia, Shanxi, Henan, Shaanxi, Gansu, Ningxia and Xinjiang cut their prices by 2.12% on rising output in the northwest.

30 August 2017
Policy & Regulation

Chinese NOCs accelerate shift to gas in H1

China’s majors continued to scale back crude output in favour of gas in H1 2017 – driven by Beijing’s clean energy focus.

29 August 2017

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