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The State Council: clarified 9 key strategic missions in “China manufacturing in 2025”

On May 19th, 2015, “China manufacturing in 2025” distributed by the State Council deployed the overall strategy of becoming a powerful manufacturing country. It’s the first guiding pri

May 26, 2015

China will grow into the second largest shale gas provider by 2035

According to a report released by BP in Beijing On may 28th, as of 2035, China’s output of shale gas will account for 13% of the total output all over the world and China together with the

May 22, 2015

North America gas price hovers around $3/mmbtu

On May 21st (Thursday), futures price in New York Stock Exchange of natural gas to be delivered in June was closed at $2.949/mmbtu, up $0.34/mmbtu from the previous day. This price rise main

May 22, 2015

Proposal of reform on oil & gas may be released this year

It is known from insiders that draft proposal on the reform of oil and gas will be released for comment in June or July and the final version will come out at the end of this year.

May 22, 2015

0.4 billion mt/year of LNG demand expected in 2020

According to EY, annual growth rate of LNG demand before 2020 is predicted to be around 5-6%, which means 0.4 billion mt/year of demand in 2020 with China taking 81million mt/year.

May 22, 2015

Huge demand of coal-made gas

National Energy Administration officially issued the “Plan on Clean and Effective Use of Coal (2015-2020)” (Hereafter referred to as the plan) on May 5th and proposed to strategically pr

May 15, 2015

Cheniere Energy starts to construct the second LNG export project

Cheniere Energy has started to construct the second LNG export project in Corpus Christi, Texas.

May 15, 2015

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