Chinese gas discoveries hit 10-year low in 2017

The volume of proven gas reserves discovered by China fell to a 10-year low of 555.38 billion cubic metres in 2017 as a result of a sharp drop in exploration investment since 2015, according to the Ministry of Land and Resources.

China Natural Gas 2018-07-19

Container LNG poised to expand Chinese market

Chinese Companies are experimenting with using tank containers to carry LNG around China. If the use of containers takes off, it could expand access to the country’s already burgeoning LNG market by reducing the cost of shipments and the time they take to reach customers.

China LNG 2018-07-19

China now taking 28% of Venezuela oil production to repay debt

Venezuela only paid the interest on $19 billion in loans from China for the past two years. Some sources say the outstanding debt is $23 billion and other reports $50 billion in loans.

China’s crude import growth slips into the red; may fall further

The pace of growth in China’s crude imports may slow in H2 as a cocktail of lower runs at independent refiners, potential delays in the start up of some refineries and higher inventories curb the appetite for cargoes by Asia’s largest oil consumer.

China Oil Import 2018-07-18

Heavy flooding damages Lianshan-Pengzhou gas pipeline

PetroChina is working to fix its Lianshan-Pengzhou gas pipeline, which was taken offline because of floods in southwestern China’s Sichuan province, Shanghai news outlet Jiemian reported on Monday.

2018-07-18

Anhui gas supplies via WEP hit 2.95 bcm

PetroChina’s West-East Pipeline (WEP) subsidiary has supplied 29.5 billion cubic metres of gas to Anhui province in eastern China since 2003, parent company China National Petroleum Corp. said on Tuesday.

China Gas Pipeline 2018-07-18

China to face complicated power supply conditions this summer

China is likely to see complicated power supply conditions this summer, with prominent increases in use of electricity, coal and natural gas, the National Development and Reform Commission (NDRC) said Tuesday.

China Energy 2018-07-18

Chinese power corporation to test heavy-duty gas turbines

China’s State Power Investment Corporation (SPIC) has entered into a Memorandum of Understanding (MoU) with Siemens to further confirm intention of technology collaboration in the field of heavy-duty gas turbines.

gas-fired power 2018-07-17

Chinese gas output up 4.6% in H1

China’s gas production increased by 4.6% year on year in H1 2018, to 77.5 billion cubic metres, the National Bureau of Statistics said on Monday.

China Natural Gas 2018-07-17

China’s gas-to-power ban aims to free up supplies

A ban on new gas-fired cogeneration capacity in the smoggiest parts of China will slow development of the country’s gas-to-power sector, but will benefit the gas market overall by reducing the number of users competing for the fuel during times of peak demand.

gas-fired power 2018-07-17

Yamal LNG Is Conquering China

Russia’s energy ties to China have been discussed at length throughout our website – the construction of the 38 BCm per year Power of Siberia gas pipeline, seaborne sales of ESPO (of which China is the dominant buyer), recent cross-investment deals including Rosneft and many more. With the two as cl

China LNG 2018-07-17

China's crude oil output falls 2.3 pct in June

China's crude oil output fell 2.3 percent year on year in June, data from the National Bureau of Statistics (NBS) showed Monday.

China Crude Oil 2018-07-17

China willing to invest $3 bln in Nigerian oil operations -NNPC

China National Offshore Oil Corp (CNOOC) is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation (NNPC) said on Sunday following a meeting with the Chinese in Abuja.

China Investment 2018-07-16

China's June Crude Imports at 6-mth Low as 'Teapot' Buying Slows

China's crude oil imports fell for a second month in a row in June to the lowest since December, as shrinking margins and volatile oil prices led some independent refiners, known as "teapots", to scale back purchases.

China Oil Import 2018-07-16

Chinese pipeline gas and LNG imports hit 42 mt in H1

China imported a combined 42.08 mt of LNG and pipeline gas in H1 2018, according to preliminary figures published by the General Administration of Customs (GAC) on Friday.

Chinese Oil Demand Growth Could Slow Down Soon

Oil demand growth in the world’s biggest oil importer—China—is at risk of slowing down, at least in the coming months.

China Crude Oil 2018-07-16

Analysis: China's expanding underground gas storage may reduce LNG winter price volatility

The expansion of underground gas storage in northeast China could alleviate distribution network bottlenecks in the country's key winter demand centers, and help stabilize seasonal demand and price fluctuations in the wider Asian LNG markets.

China Gas Storage 2018-07-16

China’s new air quality plan could increase LNG imports

Early this month, China’s State Council released a three-year “blue sky” action plan to curb air pollution by 2020—a plan that could have implications for the U.S. oil and gas industry.The latest plan extends to cities in the Fenwei plain in Shanxi, Shaanxi and Henan provinces, where air pollution i

Highlight - ECF China Shale Gas Weekly Review - Jul 13, 2018

Highlight - ECF China Shale Gas Weekly Review - Jul 13, 2018

Chinese Emphasis on Cleaner Air Driving More LNG Ton Mile Demand

There has been a structural increase in LNG import demand into China. There was a gradual increase in demand from the start of 2016 through the middle of 2017. From 2017 through to the present the contribution of global ton mile demand coming from Chinese imports has outweighed that created by South

China LNG 2018-07-13
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