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.
Ten LNG cargoes head for China terminals and 12 more ships await orders as surge begins
Ten liquefied natural gas carriers from Australia, the Middle East and Africa are heading for Chinese import terminals and another dozen are waiting offshore for orders and destinations in the nation’s network of 20 regasification facilities as winter shipments to China gather pace.
Chinese natural gas price reforms to start from June 10 as demand and LNG imports increase
The Chinese National Development and Reform Commission (NDRC) has reformed the wholesale pricing mechanism of natural gas and will start to unify prices from June 10 for residential and industrial users as domestic demand grows along with LNG and pipeline imports.
