CNPC aims to raise its gas storage capacity to 15 bcm by 2025

China National Petroleum Corp. (CNPC) plans to boost its total working gas storage capacity to 15 bcm by 2025, corresponding to around 10% of China’s peak seasonal demand. CNPC plans to develop seven new storage clusters in Shengping, Pingdingshan, Huan An, Chuzhou, Liaohelei 61, Lujuhe and Baiju and will upgrade the existing storage sites by adding compression stations and drilling more wells.CNPC currently operates 24 out of 25 gas storage sites in China, and the other one is operated by Sinopec. CNPC supplied 7.4 bcm of gas from its storage sites in the winter 2017-2018, enabling China to c

CNPC China Natural Gas 2018-03-18

CNPC will boost gas storage capacity to 15 bcm by 2025

China National Petroleum Corp. (CNPC) plans to increase its total working gas storage capacity to 15 billion cubic metres by 2025, enough to meet 10% of China’s peak seasonal demand, the company said on Thursday.

China Natural Gas CNPC 2018-03-16

China CNPC plans new gas storages, to expand existing ones

Chinese energy giant CNPC plans to raise its total working capacity of natural gas storages to 15 billion cubic metres by 2025, able to meet 10 percent of the peak seasonal demand, the Chinese firm said on Thursday.

New JV plans to build LNG terminal in Jiangsu

Huagang Gas Group, a unit of China National Petroleum Corp., will form a joint venture to build an RMB 8.0 billion ($1.3 billion) LNG terminal and storage facility at the port of Dafeng in eastern Jiangsu province, JV partner Huifeng Petrochemical said in a stock exchange filing.

China LNG 2018-03-14

Zhuhai-Zhongshan pipeline supplies hit 20.7 bcm

A China National Offshore Oil Corp. (CNOOC) pipeline linking the cities of Zhuhai and Zhongshan in China’s southern Guangdong province has supplied 20.7 billion cubic metres of gas since it went onstream in 2006, according to the company.

China says to build pipelines, storage to ensure gas supply

The head of China’s top economic planner said on Tuesday that a natural gas shortage caused by winter demand for heating had ended, with the country ensuring future supply through measures such as building pipelines and storage.

China's two big oil majors urge tax breaks for building gas storage and imports

Top officials from China’s two largest oil and gas producers have urged the government to offer tax breaks for the building of gas storage facilities and importing liquefied natural gas (LNG) to help avoid another gas crunch in the winter ahead.

China’s crude oil stockpile rises 1.3 pct

China’s commercial crude oil stocks rose 1.3 percent in January from the previous month, while stocks of refined oil went up 5.3 percent.

China Crude Oil 2018-03-08

Sinopec starts operation of refined oil pipeline in east Zhejiang

China’s Sinopec has started a new refined oil pipeline in east Zhejiang province, the company said in a press release on Tuesday.

China suspended 65GW coal-fired power capacity in 2017

China eliminated or suspended 65 gigawatts of coal fired power capacity in 2017, exceeding the national target of 50 GW.

China Coal 2018-03-06

First phase of Zhoushan LNG terminal due online by mid-2018

China’s privately owned ENN Group will bring the first phase of its Zhoushan LNG terminal online by the middle of this year, Ma Shenyuan, senior vice president of ENN Energy Holdings, said at the LNG Supplies for Asian Markets conference on Thursday.

China LNG 2018-03-05

Dapeng LNG terminal reports delivery totals

China National Offshore Oil Corp.’s Dapeng LNG terminal in Guangdong province had delivered 120,794 truckloads of LNG to customers in 14 markets as of Wednesday.

China LNG 2018-03-05

China's ENN expects to complete first phase of LNG import terminal by mid-2018

Chinese gas distributor ENN will have the first phase of the country’s first privately owned liquefied natural gas (LNG) import terminal ready by the middle of this year, a company official said on Thursday.

China LNG 2018-03-02

Sinopec commissions its 3 Mt/year Tianjin LNG terminal (China)

The Chinese oil and gas company Sinopec has commissioned a 3 Mt/year new regasification terminal in Tianjin (China), whose construction was completed in May 2017 and whose commissioning had been delayed to the end of 2017 or early 2018.

China LNG Sinopec 2018-03-02

China's installed capacity grew by 7.6% in 2017 to nearly 1800 GW

According to the Chinese National Bureau of Statistics, the Chinese installed power capacity rose by 7.6% to more than 1,770 GW in 2017.

China Electricity 2018-03-02

China’s longest oil pipeline completed in South China Sea

China's largest offshore oil producer has completed construction of the country's longest pipeline yet in the South China Sea, which has a length of 195 kilometers.

Chinese LNG Plants Reopen In Sign Of Easing Gas Crunch

Around a dozen of China’s liquefied natural gas (LNG) plants have resumed production in recent days, Reuters reported on Wednesday, citing company sources, in what could be a sign that China may have eased the order for diverting gas supplies to residential customers and that this winter’s heating c

China LNG 2018-03-01

Sinopec’s Tianjin LNG terminal starts commercial operations

Sinopec’s Tianjin LNG terminal received a shipment on board the Zhongneng Qingdao carrier from Australia on Monday, marking the start of the facility’s commercial operations, the company has announced.

China LNG Sinopec 2018-02-28

Putian LNG terminal supplies 40 MMcm over Chinese New Year holiday

China National Offshore Oil Corp.’s Putian LNG terminal supplied 40 million cubic metres of gas during the seven-day Chinese Lunar New Year public holiday.

China LNG CNOOC 2018-02-24

Dalian LNG terminal set to receive more than 30 cargoes this year

PetroChina’s Dalian LNG terminal is expected to receive more than 30 cargoes this year and has taken delivery of 113 shipments since it came online in November 2011, local broadcaster Dalian TV reported on Friday.The terminal sent out 15,180 truckloads of LNG last year, matching the total for the previous five years.Dalian’s gas supply to the West-East Pipeline and Shaanxi-Beijing pipeline networks has peaked at 23 million cubic metres per day.

China LNG CNPC 2018-02-24

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