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Lower run rate of deep processing plants triggered by weak demand for blended oil feedstock

Dampened by weak price of international crude oil, transactions in China gasoline and diesel markets shrunk repeatedly, followed by a slump in the feedstock demand for blended oil.

January 21, 2015

LPG demand gains in Shandong as gas deep processing rate rebounds

Up to January 19th, overall LPG processing rate in the region had rebounded to 29.23%l, up by 0.05 percentage points from a week earlier.

January 21, 2015

China gasoline demand jumped with increasing auto sales

As a whole, in 2014 China gasoline demand raised beyond expectations as autos production and sales soared with slower growth against 2013.

January 21, 2015

CNPC Amu Darya River Gas Company exceeded gas transmission target

Till 12:00 am on January 1st, 2015, CNPC (Turkmenistan) Amu Darya River Gas Company had delivered 9.11 billion cubic meter of commercial LPG through Central Asia Gas Pipeline, 805.4 million

January 21, 2015

LNG market forecast

The LNG industry is expected to see a series of new projects, driven by a growing appetite for natural gas.

January 21, 2015

Growing demand increases China’s dependence on imported LNG

“LNG development and utilization is vital to our energy security, and it will accelerate energy structure upgrading and clean energy development in China”, said Li Runshen.

January 21, 2015

Oil dips amid weak economic growth in China

In January 20th, international crude oil price kept downward under pressure amid Chinese economy growth slowing and on December Iraq crude daily output reaching another record.

January 20, 2015

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