In this issue
Tuesday, 06 April 2021
1.62mmt on the water with a delivery horizon of 29th April and c. 24 percent due in the North China region, according to our market visibility. At the time of…
Tuesday, 06 April 2021
China’s month-on-month LNG offtake grew by 1.72mmt in March, increasing robustly by 33 percent to 6.91mmt. Monthly Chinese offtakes had decreased by 3.24mmt (-38 percent) in February, meaning that the…
Monday, 08 February 2021
Free ReadChinese city gas operators have struggled to fulfil the recent spike in gas demand caused by a rebound in industrial activity and strong heating needs in an exceptionally cold winter.…
Monday, 08 February 2021
British energy giant BP has carried out the first direct gas shipment to a Chinese gas customer by supplying an LNG cargo to ENN. The delivery was made possible by…
Monday, 08 February 2021
China Petroleum and Chemical Corp. (Sinopec) seeks more volumes on the spot market after the nation’s economic planning body NDRC urged companies to increase imports of LNG and thermal coal…
Monday, 08 February 2021
China, the world’s second-largest demand market, has connected 7.1 million households to its national gas network over the course of 2020, increasing the country’s gas demand for heating. LNG imports…
Monday, 08 February 2021
Free ReadPrice-sensitive Chinese buyers have turned away from spot LNG for February delivery after Beijing put a lid on domestic prices. Utility buyers in China are reluctant to pay anything above…
Monday, 08 February 2021
Gazprom has registered a subsidiary in Mongolia to conduct a feasibility study for a trunkline to supply Russian gas to China. With the Soyuz Vostok gas pipeline, ‘Power of Siberia…
Monday, 08 February 2021
Taiwanese energy company CPC Corp has just received its first shipment of US LNG from the Corpus Christi export plant in Texas under a 25-year supply deal with Cheniere Energy. Taipower,…
Monday, 08 February 2021
Free ReadChina has pledged to improve its use of cleaner fuel in the transportation sector where more LNG will be used for shipping, trucking and other industries, while domestic Emission Control…
Monday, 08 February 2021
1.15mmt on the water with a delivery horizon of 22nd February and c. 37 percent due in the North China region. At the time of writing, there was also a…
Monday, 08 February 2021
China’s LNG offtake in January amounted to 8.37mmt, which was 1.63mmt higher than the country’s total imports of 6.74mmt in November, thus increasing significantly by 24 percent. Since this report…
Monday, 02 November 2020
Free ReadChina’s domestic gas market tightens as the winter approaches and CNOOC anticipates a 10% rise in demand to 148.7 billion cubic meters (bcm). In northern China, gas demand peaks during…
Monday, 02 November 2020
City-gas distributors in China will benefit from timelier fuel-cost pass-through under the national gas market reform, Fitch Rating reckons. With pipeline access now open to all, those with access to…
News Nudges
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Taiwan’s LNG imports not compromised by Chinese manoeuvres Taiwan’s Government has claimed that its LNG imports were largely unaffected by the recent Chinese military exercises off its waters. The country’s Ministry of Economic Affairs (MOEA) said Taiwan has an LNG inventory for more than 10 days, as required by law. Seven LNG carriers were berthed and completed their offloading without disruption during the mainland Chinese exercises. Local media said that this statement appeared to address concerns about the country’s energy supplies that could have been impacted by Beijing’s blockade manoeuvres. The ministry also said that inbound and outbound shipping schedules were unaffected. |
