Largest Chinese coal mining and generating company and LNG competitor gives insight from earnings
China Coal Energy, the largest Chinese coal mining and coal-fired generating company, posted rising revenues, profits and sales with the earnings giving an illustration of the Asian nation’s continued use of the most polluting energy source and its future potential for more LNG and gas use.
Japanese report says LNG has plenty of scope for Asian expansion to cut ‘massive’ coal use
A Japanese report has stated that liquefied natural gas and pipeline gas still account for a relatively small share in the energy mix in Asia and have plenty of room to be expanded to replace the current “massive coal consumption” by Asian nations.
Japanese LNG imports rise even at high prices amid nuclear restarts and more coal shipments
Japanese liquefied natural gas imports rose by 4.4 percent last month compared with the year-ago period even as more nuclear power was on line as LNG cargo costs jumped by more than 28 percent and the nation opted for more thermal coal imports.
