Beijing at risk from pipeline supply bottleneck
PetroChina’s Dalian LNG terminal. It can be used to accept rerouted cargoes for Beijing. (Interfax)
Beijing is no longer receiving enough pipeline gas to meet winter demand. This is putting China’s capital and the wider region at risk of more supply squeezes like the one last month that forced the authorities to adopt emergency measures.
Bad weather delayed the unloading of LNG cargoes needed to meet sudden spikes in gas demand in Beijing, China National Petroleum Corp. (CNPC) said on 26 December. The company had to reroute a 64,700-ton cargo from its terminal in Tangshan to another in Dalian.