Creation by China of single pipeline network company will benefit LNG and boost imports
China, the world's largest combined importer of liquefied natural gas and pipeline volumes, is moving forward with its plans to create a single pipeline company from the existing assets of the Chinese energy majors, a move that is expected to benefit LNG imports rather than hinder them.
Chinese LNG importer CNOOC starts South China Sea gas development to underpin output
China National Offshore Oil Corp, the owner of nine Chinese LNG import terminals, is pressing ahead with the Lingshui natural gas field development in the South China Sea that will become one of the main drivers of the company’s gas production in the 2020s.
Chinese LNG imports boosted by volumes from Australia and nations like Angola and Russia
Chinese LNG imports surged by 33 percent last month with cargoes from nations such as Australia, Angola, Cuba, Russia and Qatar and were also up in the January-July period by 47 percent as the Asian nation maintained its growing levels of natural gas demand amid the commercial start-ups of more import infrastructure.
China takes LNG terminal network to 19 plants as two more formally start their operations
China took its liquefied natural gas terminal network to 19 as two more facilities were formally brought into service in August at Zhoushan in the eastern Zhejiang province and at Dapeng New District in the southern province of Guangdong.
