In this issue
Wednesday, 08 November 2023
There were 2.74mmt of LNG on the water with destinations in China according to our market visibility at the time of writing on 7 November.
Wednesday, 08 November 2023
Free ReadChina’s monthly LNG offtake in October amounted to 5.37mmt, our data showed at the time of writing, which constituted negative monthly demand growth of 0.26mmt from the 5.63mmt we recorded…
Friday, 01 September 2023
Three new LNG regas terminals were commissioned in China this summer: Beijing Gas’ 5 mtpa Tianjin Nangang terminal, Guangzhou Gas' 1 mtpa Nansha terminal and Huaying Natural Gas’ 6 mtpa…
Friday, 01 September 2023
The National Energy Administration (NEA) of China sees the country’s gas demand rebound in the second half of 2023 and reach up to 390 Bcm for the full year, a…
Friday, 01 September 2023
British supermajor Shell has agreed to lease LNG regas and import terminals from state-owned PipeChina on a medium- and long-term basis. PipeChina operates seven LNG terminals with a combined capacity of…
Friday, 01 September 2023
Free ReadLower LNG purchases by China could bolster Europe’s security of gas supply in the coming winter and reduce prices, the business daily Handelsblatt reports referring to ICIS data. Chinese LNG…
Friday, 01 September 2023
Despite targeting Net Zero by 2060, China’s gas demand is expected to rise for another two decades before peaking in the mid-2040s at above 660 Bcm. Around half of China’s…
Friday, 01 September 2023
Focussing on self-sufficiency and energy price stability, the Chinese government has been favouring domestic coal over gas and costly LNG for power generation. It hence decided not to levy any…
Friday, 01 September 2023
Free ReadChina National Petroleum Corporation (CNPC) will procure 4 million tons of LNG from QatarEnergy over 27 years in a move that tilts China’s power gen mix more towards natural gas.…
Friday, 01 September 2023
There were 2.31mmt of LNG on the water with destinations in China according to our market visibility at the time of writing on 30 August. These cargoes had an estimated…
Friday, 01 September 2023
China’s monthly LNG offtake in August amounted to 6.35mmt, our data showed at the time of writing, which constituted monthly demand growth of 0.19mmt from the 6.16mmt we recorded in…
Thursday, 01 June 2023
With China’s industrial gas use rapidly rebounding, the country’s overall demand growth will rise 6 percent this year and LNG imports could jump up to 15 percent compared to 2022-levels,…
Thursday, 01 June 2023
Free ReadAs China's economy gains pace after three years of lockdowns, analysts see significant upside for coal and LNG demand in case of a construction-led boom. Though China strives to primarily…
Thursday, 01 June 2023
CLP and Hong Kong Electric are preparing the launch of the city’s first LNG import terminal: a commissioning cargo, provided by PetroChina, has been unloaded to help cool down the…
News Nudges
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Korean gov’ mulls investment in US LNG The South Korean government is reviewing a project to build an LNG export terminal in Louisiana. Consultants Samil and Kim & Chang were reportedly assessing the project's feasibility. If the project's feasibility is confirmed, it will be finalised through talks with the US and then proceed to final approval by President Trump. The South Korean Government will cover part of the project cost using a South Korea to US investment fund. The US was said to have requested investment from South Korea from the outset. |
