RUS | ENG | All
Enter the email or login, that you used for registration.
If you do not remember your password, simply leave this field blank and you will receive a new, along with a link to activate.

Not registered yet?
Welcome!

2018-11-14 12:05:00

CHINA: THE WORLD'S TOP

CHINA: THE WORLD'S TOP

REUTERS- China has overtaken Japan to become the world's top importer of natural gas, as Beijing's crackdown on pollution boosts its demand for the more environmentally friendly fuel, while the restart of nuclear reactors in Japan reduces its LNG imports.

China's total natural gas imports over January to October this year via pipeline and as liquefied natural gas (LNG) were at 72.06 million tonnes, up a third from the same period last year, according to Reuters calculations based on General Administration of Customs data.

Japan, on the other hand, imported about 69.35 tonnes of LNG over that period, according to ship-tracking data from Refinitiv Eikon, down 17 percent for the same 10 months of 2017. Japan imports all of its gas as LNG.

China's push to switch away from coal to natural gas is key to its rapid gas demand growth, said Edmund Siau, gas analyst with energy consultancy FGE.

"Meanwhile, nuclear reactors continue to restart in Japan, which reduces demand for gas-fired power generation and consequently LNG demand," Siau said.

China - already the biggest importer of oil and coal - is the world's third-biggest user of natural gas behind the United States and Russia, but it has to import around 40 percent of its total needs as domestic production can't keep up with demand.

China still lags behind Japan on LNG imports but could overtake its North Asia neighbour in the early 2020s, FGE's Siau said. China's surging demand pushed it past South Korea as the world's second-biggest LNG importer in 2017.

China last year started to move millions of households and many industrial facilities from coal to gas as part of efforts to clean its skies, sparking an unprecedented rally in overseas import orders.

Its three biggest LNG suppliers are Australia, Qatar and Malaysia. Pipeline imports come from Central Asia and Myanmar, and a pipeline connecting China to Russia is under construction.

"China has become a hotbed of contracting activity, with many suppliers courting the large Chinese national oil companies as well as the emerging buyers for long-term contracts," Siau said.

China's natural gas demand is expected to grow about 10 percent next year, he said, while Japan's gas demand will continue to fall.

 

-----

Earlier:

 S-E.Asia
2018, November, 9, 15:40:00

ЭНЕРГИЯ РОССИИ И КИТАЯ

МИНЭНЕРГО РОССИИ - «Показатели поставок энергоресурсов традиционно демонстрируют положительную динамику. Только за 10 месяцев 2018 года поставки нефти в КНР, по сравнению с аналогичным периодом прошлого года, выросли на 33,7%, составив 33,36 млн тонн. При этом, угольный экспорт в Китай за 8 месяцев вырос на 15,4% до 18,12 млн тонн угля, продемонстрировали положительную динамику и поставки электроэнергии, за 9 месяцев увеличившись до 2,45 млрд кВт ч, что на 4,33% больше аналогичного показателя прошлого года. В этом году, по нашим ожиданиям, общий объем поставок электроэнергии в Китай достигнет 3,3 млрд. кВт ч.», - сообщил Министр.

 

 S-E.Asia
2018, October, 19, 11:20:00

GAS FOR CHINA: THE BIGGEST

NIKKEI ASIAN REWIEW - China is expected to become the world's biggest importer of natural gas for the first time in 2018, overtaking longtime leaders Japan and South Korea.

 

 S-E.Asia
2018, September, 28, 10:00:00

U.S. - CHINA LNG

PLATTS - A 10% tariff on US liquefied natural gas is not steep enough to make shipping cargoes to China unprofitable, but it adds an obstacle for the second generation of American terminals, industry observers said.

 

 S-E.Asia
2018, September, 24, 15:10:00

CHINA'S LNG IMPORTS UP 51%

XINHUA - China imported 4.71 million tonnes of liquefied natural gas (LNG) in August, up 51.5 percent year on year, the country's customs authority said Sunday.

 

 S-E.Asia
2018, September, 13, 14:15:00

АЗИЯ - МИРОВОЙ ДРАЙВЕР

МИНЭНЕРГО РОССИИ - «Азиатско-Тихоокеанский регион – мировой драйвер по развитию экономики, по потреблению энергоресурсов и торговли», - подчеркнул Александр Новак.

 

 S-E.Asia
2018, September, 13, 13:55:00

GAZPROM - CNPC COOPERATION

GAZPROM - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Wang Yilin, Chairman of the Board of Directors of CNPC, took place at the 4th Eastern Economic Forum in Vladivostok.

 S-E.Asia
2018, September, 12, 12:10:00

ЭНЕРГИЯ РОССИИ ДЛЯ КИТАЯ

МИНЭНЕРГО РОССИИ - «За 8 месяцев 2018 г. на 30,4% выросли поставки нефти в КНР и составили 26,12 млн тонн. Экспорт угля в первом полугодии увеличился на 8,6%, поставлено 12,89 млн тонн угля. Также в первом полугодии 2018 г. китайские потребители получили из России 1,38 млрд кВт ч. электроэнергии, что на 12,4% больше аналогичного показателя прошлого года», - сказал Министр.

 

 

Tags: CHINA, GAS, IMPORTS