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Rizhao LNG Peak Shaving Project to come on stream in 2021

Rizhao LNG Peak Shaving Station project in Shandong has been completed to 70% by October 16, 2020, and it is expected to be put into operation in April 2021.

October 20, 2020

Sinopec pushes forward with 3rd phase of Qingdao LNG terminal

Beijing (JLC), October 19, 2020—Sinopec Natural Gas Company's LNG receiving terminal Phase III project located in Qingdao, Shandong was officially approved by China Petrochemical Corporati

October 19, 2020

China's GDP grows 4.9% in Q3

China's gross domestic product (GDP) grew 4.9% year on year in the third quarter of 2020, accelerating from a 3.2% rise in the second quarter, according to data the National Bureau of Statis

October 19, 2020

PipeChina publishes LNG terminal service prices, open terminals

Beijing (JLC), October 16, 2020--China Oil and Gas Piping Network Corporation (PipeChina) announced the service prices of six of its LNG receiving terminals on October 10, indicating the ope

October 16, 2020

Northwest Oilfield supplies abundant natural gas to the West-East Gas Pipeline

As of October 10, the The China Petroleum & Chemical Corporation Northwest Oilfield Branch (Northwest Oilfield Branch) has supplied 4.926 billion cubic meters of gas to the West-East Gas Pip

October 16, 2020

LNG spot prices in Northeast Asia to hit a new high in December 2020

On October 12, spot LNG prices in Northeast Asia soared to $5.535/MMBtu and are expected to exceed $6/MMBtu in December.

October 15, 2020

Yanchang Petroleum cumulatively sells 20 bcm of natural gas

Beijing (JLC), October 15, 2020--Yanchang Petroleum Group Exploration Company has sold a total of more than 20 billion cubic meter (bcm) or 16 mln mt of oil equivalent of natural gassince it

October 15, 2020

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