Colin Shek

China editor

Colin Shek directs editorial coverage of China's natural gas sector as the China news editor, and is also the Shanghai bureau chief for Interfax news agency. He joined the bureau in late 2010 and has reported on several industries in China including technology, telecommunications, media and agriculture. In the UK, he was a corporate finance journalist for a business-to-business magazine in Birmingham.

Email: colin.shek@interfax.cnPhone: +86 (21) 6215 3902
The latest Russia-China gas deal will supply gas via the ‘Western Route’.

Gazprom signs second export deal with China

Russia has signed a second major gas export deal with China, with plans to ship up to 30 bcm/y of gas from existing fields in Western Siberia via the so-called Western Route.

8 May 2015
CNPC Chairman Zhou Jiping is stepping down because of his age. (PA)

All change at the top for China’s NOCs

China has appointed new chairs for its three NOCs, shaking up management at a time when the oil sector is being convulsed by an anti-corruption purge and low energy prices.

6 May 2015
China’s Ningbo LNG terminal. The country’s demand for the fuel has dropped for the first time in nearly 10 years. (CNOOC)

China LNG import drop puts demand in doubt

China imported 9% less LNG in Q1 2015 than a year earlier, further clouding the demand outlook for the fuel’s third-biggest buyer.

29 April 2015
CNOOC’s Putian LNG terminal. China’s NOCs have locked in over 43.75 mtpa in term volumes. (Putian)

China’s LNG import growth a known unknown

The only certainty about China’s LNG demand may be that the country will continue to import the fuel, judging by what speakers said at a recent industry event in Beijing.

27 April 2015
CNOOC headquarters in Beijing. The company has warned of a ‘cold winter’ for the oil industry. (PA)

China’s NOCs braced for a ‘cold winter’

China’s state oil giants have warned 2015 could be another difficult year after they released disappointing results for 2014 last week.

30 March 2015
Construction work at China’s Tianjin LNG terminal. (CNOOC Tianjin LNG)

US LNG project makes play for Chinese market

A proposed LNG export facility in Louisiana has set its sights on signing up private Chinese buyers for offtake as it looks to corner some of China’s future LNG demand.

25 March 2015
The city of Shenzhen, Guangdong province. Guangzhou Gas could ship LNG to the city’s state-owned terminal. (PA)

Guangzhou still discussing Woodfibre offtake

Woodfibre LNG Export and Guangzhou Gas have extended their MOU by seven months to buy more time for negotiations over the offtake agreement.

18 March 2015
Analysts were in general agreement the price convergence would benefit distributors. (Shenzhen Gas)

China distributors hail impact of gas price merger

Some of China’s largest city gas distributors are confident that last month’s gas price convergence announcement represents a turning point in domestic gas pricing reform.

9 March 2015
After the adjustment, mainland  China’s 29 administrative areas will each have a single citygate price, averaging  $11.33/MMBtu. (ENN)

China’s price reform pushes on with convergence

China’s economic planner will harmonise wholesale gas prices at the start of April, a sooner-than-expected move marking a major step in Chinese gas pricing reforms.

2 March 2015
Members of the Venezuelan Petrocaribe scheme.

Mexico will give US LNG ‘clear shot’ at Caribbean

Experts have said US Gulf Coast LNG exporters will not have to fear competition from Mexican crude in their pursuit of Caribbean markets.

10 February 2015
A CNOOC drilling module. The company is planning to drill more than 160 exploration wells this year. (CNOOC)

CNOOC joins peers with 35% cut in capital spending

China’s biggest marine oil and gas producer will cut capital investment by up to 35% in 2015, joining other major companies in rolling back spending amid low oil prices.

4 February 2015

China should not write off more LNG supply deals – FGE

China’s NOCs should not overlook signing more LNG import deals, despite a slowdown in import growth in 2014, as lower oil prices could be favourable for LNG.

3 February 2015

China Number Crunch: China’s 2014 gas imports

China imported 42.91 mt of LNG and piped gas in 2014. Interfax breaks down the numbers.

2 February 2015
The Amu Darya gas project in Turkmenistan, which feeds China via the Central Asia-China Pipeline. (CNPC)

China’s LNG outlook darkens as growth halves

China increased its LNG imports in 2014, but at a much slower rate than previous years, while pipeline volumes continued to grow strongly.

26 January 2015
A tanker at CNOOC's Tianjin LNG terminal.  Big players' term imports are expensive in comparison with the tumbling price of spot LNG cargoes. (CNOOC Tianjin LNG)

China weighs up pros and cons of cheap Asian LNG

The cheapest LNG in Asia for years is drawing cheers and boos from Chinese importers, as independent players stand to benefit while state-owned giants could lose out.

20 January 2015
Successful shale gas exploration in the Fuling field boosted Chinese gas production in 2014. (Sinopec)

China’s gas output jumps 10% to pass production milestone

China’s gas output registered another year of double-digit growth in 2014, putting the industry ahead of schedule to meet production objectives in the 12th Five-Year Plan.

13 January 2015
China Huaneng gas power station. Power generation will be a major driver of gas consumption. (Huaneng)

China gas price cuts loom amid ongoing reforms

China could be tempted to cut oil-indexed gas tariffs this year given the oil price drop, a move analysts say could help shore up slowing demand for the fuel.

12 January 2015
A gas storage facility in China. The country’s storage capability covers just 2% of its annual usage. (Beijing Gas Group)

China leans on distributors to play storage role

China is looking to expand its gas storage infrastructure, with local distribution companies called upon to play a bigger part.

19 December 2014
Artist’s impression of Shell’s Prelude FLNG project, which is under construction in South Korea. (Shell)

China trails neighbours in FLNG R&D; and tech

China’s interest in floating liquefaction is increasing, but South Korea and Japan remain far ahead in terms of cultivating the expertise for developing FLNG technology.

18 December 2014
Accenture’s Greg Guthridge. (Accenture)

Courting and retaining new energy consumers

Greg Guthridge, managing director of Accenture’s Asia Pacific utilities practice, speaks to Interfax about how consumer expectations are changing and what the response will be from utilities.

17 December 2014

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