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Proven reserves of Fuling shale gas field exceed 1 trillion cubic meters

Beijing (JLC), December 16, 2024--Fuling gas field became Sinopec’s first shale gas field to have proven gas reserves of over 1 trillion cubic meters.

12-16-2024 16:25:30

Sinopec unveils new gas reserves in Sichuan Basin

Guangzhou (JLC), August 22, 2023 – Sinopec has added another 30.55 billion cubic meters (bcm) of proven geological reserves to its gas assets, the company said on August 22.

08-22-2023 17:53:02

Sinopec discovers shale gas reserves in Sichuan

Beijing (JLC), October 19, 2022--Sinopec has discovered shale gas reserves in Southwest China's Sichuan Basin with a confirmed volume of 387.8 bcm and potential daily output of 258,600 cubic meters.

10-19-2022 18:04:48

Caofan LNG peak shaving reserve center gains ground

Beijing (JLC), March 23, 2022--China Railway 18th Bureau Group finished the main body construction of the storage tank of Jinan Caofan LNG peak shaving reserve phase II project, a market source said.

03-23-2022 16:04:45

Shandong’s largest inland LNG reserve center comes online

Beijing (JLC), September 28, 2021--China’s eastern Shandong province launched Nancaofan LNG peak shaving reserve center in its provincial capital Jinan last Sunday, the largest kind in inland Shandong.

09-28-2021 14:30:38

Towngas to launch new LNG reserve center in Shandong’s Weifang

Beijing (JLC), September 22, 2021--Weifang Towngas Co., Ltd. recently said that the company is expected to launch its Binhai LNG peak-shaving reserve center in Weifang city of eastern China’s Shandong province in October.

09-22-2021 17:42:20

Beijing Gas starts emergency reserve tanks at Tangshan LNG terminal

Beijing (JLC), September 14, 2021--China’s state-owned Beijing Gas Group unloaded LNG cargoes earlier this month into two new tanks at PetroChina’s Tangshan LNG terminal, marking the startup of the emergency LNG reserve facilities, according to Chinese domestic reports.

09-14-2021 17:48:38

Shandong to launch new LNG peak shaving reserve center

Beijing (JLC), August 25, 2021--China’s eastern Shandong province was said to have started trial run of a new LNG peak-shaving reserve center in its provincial capital Jinan, indicating that the facility may be officially launched soon.

08-25-2021 11:32:09

Sinopec adds new gas reserves in Sichuan

Beijing (JLC), August 17, 2021--Sinopec announced on August 16 that it has ascertained another 34 billion cubic meters (bcm) of natural gas reserves at its Zhongjiang gas field in China’s southwestern Sichuan province, pushing the total proved reserves to 106 bcm.

08-17-2021 17:50:34

Tianjin Nangang LNG reserve project to come online by 2022

Beijing (JLC), March 19, 2021--Tianjin Nangang LNG emergency reserve project phase I is expected to come on stream at the end of 2022, a market source said.

03-19-2021 17:21:28

CNOOC adds new onshore gas reserves in Shanxi

Beijing (JLC), March 1, 2021--CNOOC Limited announced on February 28 that the proven gas geological reserves at its Linxing gas field in China’s northern Shanxi province top 101 bln cubic meters (cbm).

03-01-2021 17:56:56

Guangzhou Development to add new LNG peak-shaving reserve project

Beijing (JLC), January 18, 2021--Guangdong Development Group (GDG), a large clean energy supplier in South China, is building an LNG emergency peak-shaving reserve project in Guangzhou city of southern China’s Guangdong province, in a bid to help ensure stable natural gas supply in the local region.

01-18-2021 18:01:43

China Energy Reserve signs agreement to build LNG terminal in Fujian

Beijing (JLC), October 22, 2020--China Energy Reserve & Chemicals Group Co (CERCG) announced recently it has signed an agreement to build a 3 mln mt/yr LNG receiving terminal in southeastern China's Fujian province.

10-22-2020 17:10:33

Nanjing LNG emergency reserve station to come on steam in late 2020

Beijing (JLC), June 9, 2020--Nanjing (Binjiang) LNG emergency reserve station will be put into operation at the end of 2020, the project will meet the growing demand for residential and commercial gas and ensure the emergency storage and distribution of natural gas.

06-12-2020 17:19:22

Sinopec adds 92.1 bcm of proven natural gas reserves in Sichuan

Beijing (JLC), August 20, 2019--Sinopec has added 92.1 billion cubic meters (bcm) of proven natural gas reserves in Sichuan basin, domestic media reported, citing a source from Sinopec.

08-20-2019 17:44:10

New gas field with huge proven reserves found in Gansu

Qingyang Gas Field with natural gas proven reserves of 31.8 billion cubic meters was found recently in Qingyang City, Gansu Province, according to the release by PetroChina Changqing Oilfield on September 5

09-11-2018 15:23:44

JLC Views: China may accelerate oil reserves amid Sino-U.S. trade tensions

As the U.S. exports of crude oil to China increase, if the Sino-U.S. trade tensions increase, China may step up its efforts to reserve emergency crude oil, according to the International Energy Agency (IEA).

04-17-2018 15:37:38

CNPC reserves 71.2 billion cbm of natural gas to guarantee supply in winter

On December 21st, according to the press conference of Winter Supply in 2016 issued by CNPC, the contradiction between supply and demand in winter still existed though the total natural gas demand growth dropped. During 2016 winter and 2017 spring period, CNPC will mobilize global resources

12-25-2016 19:47:19

CEFC Yangpu petroleum reserve base was put into operation

Hainan the largest crude storage base-CEFC Yangpu I stage project was put into operation on July 2nd officially.

07-13-2016 14:11:25

US oil reserves surpass those of Saudi Arabia and Russia

The US holds more oil reserves than Saudi Arabia and Russia, the first time it has surpassed those held by the world’s biggest exporting nations, according to a new study.

07-06-2016 11:09:20

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