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!

2019-12-13 10:45:00

CHINA'S GAS CONSUMPTION UP TO 320 BCM

CHINA'S GAS CONSUMPTION UP TO 320 BCM

REUTERS - China's gas consumption in 2020 is expected to rise to around 320 billion cubic metres (bcm), while the pace of gas import growth is set to slow sharply this year, state energy group China National Petroleum Corp's (CNPC) research arm said on Thursday.

Gas consumption this year is seen exceeding 300 bcm, up 9% from 2018, Jiang Xuefeng, vice chairman at CNPC's Economics and Technology Research Institute (ETRI), said at a briefing in Beijing on Thursday.

Gas imports are expected to rise 8% this year to 133 bcm, he said, a slower pace from the bumper growth rate of 31.9% in 2018.

This comes at a time when China and Russia have recently launched a landmark "Power of Siberia" pipeline to deliver gas to China's south and east.

Jiang expects gas production to rise 9% to 170 bcm in 2019. These estimates are in line with those from the state planner.

In January to October, output rose 9.3% to 142.3 bcm.

China recently set up a state oil and gas pipe firm to provide fair market access to infrastructure that has mainly been controlled by three state oil groups.

----- 


Earlier:

CHINA'S GAS CONSUMPTION UP TO 320 BCM
2019, December, 9, 13:25:00
THE NEW CHINA'S PIPELINE COMPANY
China on Monday set up a new centrally-administered state-owned enterprise (SOE), the China Oil & Gas Piping Network Corporation.
CHINA'S GAS CONSUMPTION UP TO 320 BCM
2019, December, 9, 13:20:00
CHINA'S OIL IMPORTS 11.13 MBD
China imported 45.74 million tonnes of crude, equivalent to 11.13 million barrels per day (bpd),
CHINA'S GAS CONSUMPTION UP TO 320 BCM
2019, December, 9, 13:15:00
CHINA'S COAL IMPORTS UP 10%
In November, China imported 20.78 million mt of coal, up 8.5% year on year, the GAC data showed.
ГАЗ «СИЛЫ СИБИРИ» ДЛЯ КИТАЯ
2019, December, 4, 12:35:00
ГАЗ "СИЛЫ СИБИРИ" ДЛЯ КИТАЯ
«Сегодня историческое событие для России и Китая. „Восточный“ маршрут, „Сила Сибири“ — это глобальный, стратегически значимый и взаимовыгодный проект. Новая орбита сотрудничества двух стран в энергетике с перспективой дальнейшего развития. Чистая энергия сегодня и в будущем, на десятилетия вперед», — сказал Алексей Миллер.
CHINA'S GAS CONSUMPTION UP TO 320 BCM
2019, December, 4, 12:25:00
CHINA'S COAL REDUCING
The relaxing of curbs on coal power, combined with shrinking investment in solar and wind energy, have caused further alarm over carbon dioxide emissions in China.
CHINA'S GAS CONSUMPTION UP TO 320 BCM
2019, December, 2, 13:40:00
CHINA'S COAL: THE MAJOR
“Since coal is still a major resource, we will continue to rely on coal when we need it - and right now for instance, the economy is slowing and renewables are still relatively weak,” said Lin Boqiang, dean of the China Institute for Energy Policy Studies.
CHINA'S GAS CONSUMPTION UP TO 320 BCM
2019, December, 2, 13:35:00
CHINA, QUATAR OPPORTUNITIES
With oil and gas as core of the cooperation between the two countries, China is currently eyeing new opportunities to join Qatar's upstream and downstream LNG industry in addition to plans of increasing its LNG imports from Qatar, while Chinese companies are tapping Qatar Petroleum (QP) to enter China's upstream energy industry and gain access to a 1.4 billion people market, China's Ambassador to Qatar, Zhou Jian, said at a press conference at his residence
All Publications »
Tags: CHINA, GAS