UK major BP increases domestic natural gas market presence in southern China through LNG capacity
UK major BP has signed a sale and purchase agreement with China's State Power Investment Corp. (SPIC) for supplying pipeline natural gas to the southern province of Guangdong province for a period of 10 years starting from 2023.
QatarEnergy signs yet another Chinese supply agreement and this time with China’s S&T International
QatarEnergy is continuing to build the company's Chinese sales portfolio with yet another Sale and Purchase Agreement, this time with China’s S&T International Natural Gas Trading Co. for the supply of 1 million tonnes per annum over a 15-year period starting in late 2022.
“This agreement marks further expansion of our customer base in the People’s Republic of China, which can count on Qatar as a trusted and reliable energy partner,” said Saad Sherida Al-Kaabi, the President and Chief Executive of QatarEnergy.
“We are pleased to welcome S&T into our family of long-term LNG customers and we are excited to work with them to help fulfil their long-term LNG requirements,” added Al-Kaabi.
QatarEnergy said the LNG deliveries under the SPA would allow S&T to receive its volumes from Qatar’s fleet of vessels, primarily at the Tangshan import terminal located in Caofeidian Port in northeast Hebei Province.
The Chinese volumes would be produced at the Qatar Liquified Gas Company (II) project at Ras Laffan.
QatarEnergy had disclosed on December 7 that it had signed an SPA with Guangdong Energy Group based in southern China for the supply of 1 MTPA of LNG over a 10-year period starting in 2024.
Increasing volumes
With the conclusion of the S&T deal and the Guangdong Energy agreement, China will be supplied with around 17.5 MPTA of LNG from Qatar under long-term SPAs.
Deliveries under the Guangdong Energy SPA would be made to the Dapeng and Zhuhai receiving terminals on the Pearl River Delta.
Al-Saadi said that China was considered a major customer for the State of Qatar and a strategic partner in the energy sector.
Other supply deals with China have been previously arranged, though a landmark accord was reached in September 2021 when QatarEnergy signed an SPA with China National Offshore Oil Corp. for the supply 3.5 MTPA over a 15-year period starting in January 2022.
That SPA was signed during a virtual ceremony involving Al-Kaabi and Wang Dongjin, the Chairman of CNOOC.
QatarEnergy signed a previous deal in July 2021 in the form of 10-year SPA with Shell for the supply of 1 MTPA of LNG to China.
China starts construction of Huizhou LNG import terminal in Guangdong linked to petrochemicals plant
China has begun building a liquefied natural gas import terminal at Huizhou City in the southern province of Guangdong as part of a large petrochemicals complex that could include investments from international energy companies.
Singapore-based LNG export project in Canada signs supply deal with largest Chinese importer
Woodfibre LNG, the Canadian export venture planned for the district of Squamish in British Columbia and owned by a Singapore-based company, has signed a preliminary supply deal with a subsidiary of the largest Chinese LNG importer, China National Offshore Oil Corp.
ExxonMobil signs accord on China chemicals plant and will supply LNG to adjacent terminal
ExxonMobil Corp. has signed a cooperation framework agreement with the Guangdong provincial government of southeast China to advance discussions concerning the proposed construction of a chemicals complex with an LNG import project as part of the package.
LNG ship movements
June 13 (LNGJ) - The 160,000 cubic metres capacity carrier “Asia Endeavour” is scheduled to unload a shipment on June 14 at the Incheon import facility in South Korea from the Woodside-operated Dampier export terminal in Western Australia, according to shipping data. The 216,200 cubic metres capacity Q-Flex vessel “Al Gattara” will deliver a cargo on June 27 to the Dapeng Bay terminal in Guangdong province of southeast China from Ras Laffan in Qatar. The 155,000 cubic metres capacity vessel “British Ruby”, operated by BP Shipping, will deliver a cargo on July 15 to the Indian Dahej import terminal near Mumbai from the Bonny Island plant in Nigeria.
LNG cargoes for China
April 26 (LNGJ) – The 216,200 cubic metres capacity Q-Flex carrier “Tembek” is scheduled to unload a shipment from Qatar on May 1 at the Shenzhen Diefu import terminal in Guangdong province, operated by China National Offshore Oil Corp., according to shipping data. The 153,500 cubic metres capacity vessel “Gaselys” is due to deliver a re-exported cargo from France on May 9 to the Shanghai import facility in China. The 147,000 cubic metres capacity “Dapeng Moon” is lifting a cargo on April 26 to ship to an import facility in Guangdong province from the Woodside Energy export terminal at Dampier in Western Australia. The Hong Kong-flagged sister ship “Dapeng Sun” is due at Dampier on April 29 to lift a second cargo for Guangdong.
LNG for India and China
Nov 24 (LNGJ) - The 136,000 cubic metres capacity vessel “Raahi” is expected to deliver a shipment from Qatar on November 29 to the Indian Dahej import terminal, near Mumbai, operated by Petronet. The 216,200 cubic metres capacity Q-Flex carrier Tembek is expected to deliver a shipment from Qatar on November 29 to the Dapeng import terminal in Shenzhen, southern China.
