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China’s spot LNG prices extend drop in January

Beijing (JLC), February 18, 2022--JLC China LNG price indexes averaged CNY4,671/mt in January 2022, which dropped by 8.28% on month and 25.78% on year amid weaker demand.

February 18, 2022

CNOOC Zhejiang terminal supplies 20 mln mt of LNG

Beijing (JLC), February 18, 2022--As of February 14, CNOOC has collectively supplied more than 20 million (mln) mt of natural gas at its Zhejiang LNG terminal, a market source said.

February 18, 2022

Hutubi gas storage supplies over 6.4 bcm of natural gas to Xinjiang

Beijing (JLC), February 17, 2022--PetroChina Hutubi Gas Storage has accumulatively supplied 6.44 billion cubic meters (bcm) of natural gas to northern Xinjiang since its operation in June 20

February 17, 2022

CNOOC Deep Sea No. 1 produces over 1bcm of natural gas

Beijing (JLC), February 16, 2022--Deep Sea No 1 has produced more than 1 billion cubic meters (bcm) of natural gas since it was put into operation in June 2021, its operator China National O

February 16, 2022

Sinopec discovers new 100 mln mt oil and gas area in Tarim

Beijing (JLC), February 7, 2022--Sinopec recently discovered a new 100 million(mln) mt oil and gas area at Shunbei field in the Tarim Basin of Northwestern China, a market source close to th

February 07, 2022

China’s natural gas imports surge by near 20% in 2021

Beijing (JLC), January 27, 2022--China’s natural gas imports surged by near 20% in 2021. As consumption swelled, domestic production failed to keep up with that rapid growth.

January 28, 2022

China’s 2021 gas apparent consumption rises 12.7%

Beijing (JLC), January 28, 2022--China’s gas apparent consumption (production + net imports) amounted to 367.06 billion cubic meters (bcm) in 2021, up 12.7% year on year, data from the Gen

January 28, 2022

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