CHINA'S GAS CONSUMPTION UP TO 320 BCM
РЕЙТЕР -
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2018, March, 14, 11:45:00
REUTERS - U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $60.77 a barrel at 0753 GMT, up 6 cents, or 0.1 percent, from their previous settlement. Brent crude futures LCOc1 were at $64.62 per barrel, down just 2 cents from their last close.
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2018, March, 5, 11:35:00
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2018, March, 4, 11:30:00
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2018, February, 27, 14:15:00
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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.
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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.
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.
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
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