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China's consumption of non-fossil energy will reach 15% by 2020

As a developing country, China consumed 4.26 billion metric tons of stand coal equivalents in 2014, 66% of which was coal. It attaches great importance to the development of renewable energy and boasts of 450 million kilowatt installed capacity using renewable energy.

07-15-2015 17:21:52

Iran SP daily gas output climbs 440 million cubic meters

Daily natural gas output in South Pars (SP) Gas Field has gone up to 440 million cubic meters and is expected to jump to 800 million cubic meters

07-14-2015 16:37:16

US natural gas output may reach its summit in July

EIA’s monthly report released on July 7th notes that although pipeline construction hindered gas production in Marcellus Shale Gas, America’s natural gas output in July is expected to reach its summit, up 5.7% year on year.

07-14-2015 16:34:26

BP signs agreement with KEPCO to supply LNG

BP declared that it has signed an agreement on LNG sales and business cooperation agreement with Kansai Electric Power Co (KEPCO), one of the largest energy companies in Japan.

07-09-2015 10:27:22

LPG market overview & forecast

According to the above figure, the first half of 2015 witnessed ups and downs in the LPG market. LPG index at the end of June stayed at 4,049 points, higher than January’s 3,545 points.

07-09-2015 10:13:44

Long-term fluctuation may lead to price dip

In East China, imported LPG depressed the civil LPG market continuously. Imported LPG is mainly priced according to CP and MB.

07-09-2015 10:11:53

Operation rate of deep-processing plants grows in a slower pace

This week, operation rate of LPG processing plants stayed at 47.56%, up 0.46 percentage points.

07-09-2015 10:06:44

On-line trading of natural gas

Shanghai Natural Gas Pipeline Co., Ltd. bought 1,400 cubic meters of pipeline gas in CNY2.6109/m3.This first spot transaction of pipeline gas marked the trial operation of Shanghai Petroleum & Gas Exchange Center (SHPGX) and set the first pace for price fixing of natural gas in China.

07-08-2015 17:49:34

Trial reform of oil & gas exploration starts in Xinjiang

On July 7th, the Ministry of Land and Resources (MLR) released a bidding announcement of oil & gas exploration through its portal, which indicates that China will carry a trial reform in the upstream of oil and gas in Xinjiang.

07-08-2015 17:39:11

Construction on the China section of the East Route pipeline

Construction started on the China section of the East Route pipeline is believed to bring more business to gas pipeline producers.

07-02-2015 17:54:53

Propane market in the first half of 2015

Propane market rebounded after a short-period of decline at the beginning of 2015, with index fluctuating around 3,902-4,898 points, reached the highest point in early March and began to go down since milled March. Transactions were getting worse amid slight fluctuations.

06-25-2015 18:02:03

More distribution channels, less sales pressure

After diversifying its channels of distribution, Yan’an Refining reduced its reliance to LPG market along the Yangtze River and turned its attention to LPG markets in regions like Southwest China and Shandong Province.

06-25-2015 17:58:41

Huge natural gas output in Dayawan, Puguang Gas Field

As of June 17th, Dayawan section of Puguang Gas Field had yielded 10.2 billion cubic meters of sulfur natural gas.

06-25-2015 17:56:03

Sino-Myanmar east-route pipeline leaks

According to JYD, the Sino-Myanmar east-route gas pipeline in Kunming leaked at the night of June 23rd. The leakage point was found beside Xiaotuanshan tunnel. Third-party construction is estimated to cause the accident.

06-25-2015 17:50:33

Middle East increases its LPG export to South Asia

Facing tough competition in North Asia, LPG exporters in the Middle East are starting to expand market in South Asia and Southeast Asia.

06-25-2015 17:46:08

Fast development of distributed natural gas

By the end of 2014, overall installed capacity of distributed natural gas projects, including finished projects and those under construction, had reached 3,800,000 kilowatt, according to the analysis report, named “Turn on the Future of Distributed Natural Gas.”

06-18-2015 18:02:20

Bottled gas in Huzhou drops again

On June 15th, Miss Chen, a resident in Huzhou, Zhejiang Province was quoted as saying, “Price of bottled gas drops again to as low as CNY90, it is very cheap now”.

06-18-2015 18:01:12

German's natural gas import from Russia up 68% in May

In May, natural gas purchased by German, Russia’s biggest natural gas consumer in Europe, went up by 68% year on year, said Miller, CEO of Gazprom.

06-18-2015 17:59:39

MLR issues report to produce 6.5 billion cubic meters of shale gas

It is learnt from the Ministry of Land and Resources that China Geological Survey Bureau has held the Shale Gas Research and Appraisal Forum and issued the “China Shale Gas Investigation Report (2014)” on the meeting.

06-11-2015 18:08:44

NEA proposes to upgrade natural gas price mechanism

The “Special Inspection Report on Guaranteeing Stable Supply of Natural Gas in Beijing, Tianjin and Hebei Province” released by the National Energy Administration on June 4th holds that natural gas supply in Beijing, Tianjin and Hebei Province for this winter is out of question on the whole.

06-11-2015 09:55:22

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