China has accounted for the world's largest solar capacity addition in recent years, with around 30% of installed global capacity, but most of the low-hanging fruits have been picked, and deeper penetration into the energy mix requires overhauling large parts of the power system.

China's apparent gas consumption was 366.3 billion cubic metres in 2022, down 1.7% from the previous year, data from the country's National Development and Reform Commission showed.

The Baihetan station is the world's second-largest hydropower station by capacity, behind China's Three Gorges hydropower station with 22.5 GW of installed capacity.

Angola is among the hardest hit at the moment, with daily exports to China falling 27% so far this month compared with whole of February last year.

China's crude imports may rise between 500,000 and 1 million barrels per day (bpd) this year to as high as 11.8 million bpd, reversing previous two years' decline to exceed 2020's record of 10.8 million bpd,

CNPC's talks follow a deal announced last November by China's Sinopec, in which QatarEnergy agreed to supply 4 million tonnes of LNG annually for 27 years, the longest duration LNG supply contract ever signed by Qatar.

China has imported about 2.3 million mt HSFO over December-January, about 235% higher compared to 687,000 mt during November-December, according to Kpler shipping data.

During the event, speeches were made by Pakistan's Prime Minister Shabaz Sharif, Pakistan Atomic Energy Commission Chairman Ali Raza, China Atomic Energy Agency Deputy Director Liu Jing and CNNC General Manager Gu Jun.

China’s power consumption will increase by around 6% in 2023 (after an estimated 3.6% increase in 2022) and that the country will instal around 250 GW of new capacity during the year.

China’s National Energy administration (NEA) has announced that the country’s installed capacity increased by nearly 8% 2022.