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The Beihai LNG terminal. Forecasts

China’s slowing economy to drag on gas demand growth

After two years of stellar growth, China’s gas demand looks set to expand at a slower rate in 2019 in line with a stuttering economy.

17 January 2019
Exports

Heating demand boosts Africa-Europe pipeline flows

Falling temperatures prompted a 6.7% rise in deliveries across the Africa-Europe pipelines last week.

15 January 2019
Production & Consumption

Chinese gas consumption will hit 305 bcm in 2019 – Sinopec

China’s gas consumption will reach 305 billion cubic metres in 2019, Sinopec’s Economics & Development Research Institute said on Thursday

20 December 2018
Production & Consumption

Iran to boost South Pars output to 630 MMcm/d by late March

Iran plans to increase production at its South Pars gas project to a record 630 million cubic metres per day by late March 2019

17 December 2018
Production & Consumption

China’s gas output hits record 143 bcm in November

China increased its gas output by 10.1% year on year in November, to a record 14.3 billion cubic metres

17 December 2018
Production & Consumption

Shanghai’s gas demand hits 35 MMcm/d

Shanghai’s gas demand has exceeded 35 MMcm/d since 7 December and hit 37.68 MMcm/d on Monday

12 December 2018
Production & Consumption

PetroVietnam produces 22.1 mtoe so far this year

PetroVietnam’s oil and gas production hit 22.1 mt of oil equivalent in the first 11 months of 2018, surpassing its target by 5.4%

12 December 2018
Andrés Manuel López Obrador gives a speech Production & Consumption

Mexico’s new president goes quiet on gas

While Andrés Manuel López Obrador has said his administration will target energy sector development, there has been little progress made on gas.

11 December 2018
Forecasts

World gas demand to increase 46% by 2040 – GECF

Global gas demand will increase by 46% by 2040 to reach 5.43 tcm, the GECF has said

10 December 2018
Imports

Chinese gas imports hit 9.15 mt in November

China imported 9.15 mt of LNG and pipeline gas worth $4.35 billion in November

10 December 2018
Exports

Russian gas exports increase in Jan-Oct 2018

Russia’s gas exports rose by 7% year on year in the first 10 months of 2018, to 183.6 billion cubic metres, the Federal Customs Service has announced.

7 December 2018
Production & Consumption

Zhejiang increases gas use by 26% so far in 2018

East China’s Zhejiang province has increased its gas consumption to 11.9 bcm so far this year

6 December 2018
Production & Consumption

Sinopec East Bureau has produced 1.02 mtoe in 2018

Sinopec’s East China Petroleum Bureau had produced 1.02 million tons of oil equivalent of oil and gas this year as of 25 November

6 December 2018
Production & Consumption

Nigeria and Libya may be forced to join OPEC output cuts

Nigeria and Libya may be forced to cut their oil production in line with OPEC quotas

6 December 2018
Production & Consumption

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
Forecasts

CNPC signs deals to supply 84 bcm during heating season

CNPC has signed agreements to supply 84.1 bcm of gas to domestic users during the Chinese heating season this winter

27 November 2018
Forecasts

Indian gas demand to rise 250% by 2030 – Modi

India’s gas consumption will grow by 250% from now through to the end of 2030, Indian Prime Minister Narendra Modi has said.

23 November 2018
City gas storage  tanks in China. Production & Consumption

End of Chongqing fee fuels fears for China city gas sector

Chongqing’s recent proposal to scrap a nearly 20-year-old fee intended to support local pipeline construction has triggered alarm in the burgeoning city gas sector.

22 November 2018
Imports

Azerbaijan stops gas imports with none planned for 2019

Azerbaijan stopped importing gas from Russia at the end of Q1 2018 and from Turkmenistan at the end of Q3 2018 as a result of its increasing domestic production

19 November 2018
Imports

Chinese gas output up 8% in October

China’s gas production increased by 7.5% year on year in October, to 13.4 billion cubic metres.

14 November 2018

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