The China Natural Gas Monthly Report is a comprehensive report on China’s natural gas industry, which offers a unique database and analysis of the Chinese supply-demand balance and an overview highlighting the factors behind market trends, which it publishes in its periodical publications.
The report provides full knowledge of China's natural gas market information alongside in-depth market analysis that helps readers seek opportunities and make decisions.
The report is provided by an independent energy consultant with over a decade of market tracking and analyzing experience.
Data Coverage:
- Import/Export
- Production
- Storage
- Apparent Consumption
- Price
- Trade Volume
Industrial Analysis & News Coverage:
- Policy
- Supply
- Import
- Consumption
- Storage & Transportation
- Pipeline
- Terminal
- Gas Power
- Gas Fuel
- Distributed Generation
- CTG
- Unconventional Gas
- Alternative Energy(Coal, Crude, LPG, Electricity, Nuclear, Renewables etc.)
Who Should Subscribe
All those who are currently operating natural gas business in Asia and those who have an interest in the China gas market industry including:
- Gas Trading Company
- Analyst & Consultant
- Project Operator & Investor
- Distributor & Manufacturer
- IOC & NOC
Features:
- Most Up-to-date China Natural Gas Market Data Tracking from Official Resources
- Comprehensive Analysis of China Gas Market Trends on Monthly Basis
- Extensive Coverage of Upstream, Midstream and Downstream Sectors
- Monthly Insight Overview of Supply/Demand, Policy, Project and Industry News
- Key Market Players & Deals Tracking within All Sub-sectors of China Gas Industry
- Unique Perspectives from China’s Domestic Authorities, Players and Market Sources
Benefits:
- Support your current operations with latest market information, news and analysis
- Keep up to speed on latest developments in China gas market on a monthly basis
- Support, improve and optimize your strategy as well as business plan with both national wide and regional gas market information including supply/demand, policy and other players
- Access to first-handed market data directly from official state bureau - NBS, NDRC, GAC & NEA
- Identify your opportunities in this soaring market from industry dynamics, news, analysis and pricing trends
Major Players & Projects
We track major operators and projects in China’s gas market with continuity, which helps you understand what happened in the past as well as what is happening now, even that what will happen in the future.
The Companies and projects include but not limited to:
- CNPC/PetroChina
- Sinopec
- CNOOC
- Beijing Gas Group
- China Gas Holdings
- Central Asia-China Gas Pipeline
- Russia-China Gas Pipeline
- Long term LNG Deals
- China LNG Import & Terminal
We track China LNG import information in detail from every transaction, terminal, import company, source, volume and price. Meantime, we track and alert China’s all LNG terminals from planning, approval application, construction and operation as well as major terminal operators:
- CNPC Kunlun
- CNOOC
- Sinopec
- Xinjiang Guanghui
- Shenergy
- Jiufeng
- ENN
- Chaozhou Huafeng
- Baota Petrochemical
- Pacific Oil & Gas
- Huadian Group
- Shenran Group
- Hanas
- Guodian Group
Table of Contents
Key Information Covered:
Executive Summary
According to market data, gas consumption of China reached 235.2bcm in 2017, up by 17% YOY. China’s souring gas demand in the past year was driven by warm economy, supporting policy of environment protection as well as coal to gas needs, and increasing prices of coal and oil.
From import side, China imported 68.57 million mt gas in Jan-Dec’17 with an 27% yoy growth. The import reached a record high with increasing import dependence. There was still a large gap of over 100bcm gas that requires LNG imports to fit based on the 360bcm consumption target in 2020 according to China’s Natural Gas 13th Five-Year Plan.
At present, a total of 17 LNG terminals have been put into operation nationwide with a total receiving capacity of about 58 million mt, which were mainly operated by CNPC Kunlun, Sinopec, CNOOC, Xinjiang Guanghui and Jiufeng. Despite a conflict of interest existing between terminal operators and third-party LNG importers, more LNG terminals were under approval or construction to enable more LNG trading.
So far, CNPC, Sinopec and CNOOC hold most LNG import share. Now that new players such as China Gas Holdings are getting into LNG market with increasing demand and eased regulation in terminal construction and global gas trading. In addition, the total supply of LNG in the international market is about 310 million mt, with sufficient spot resources cheaper than long-term contracts. Therefore, it was a profitable way to increase the import of low-cost LNG for Chinese gas suppliers.
For pipeline gas, China currently relies mostly on Central Asia and China Myanmar pipelines while China Russia Pipeline’s east section is about to start operation in 2020. It was also widely noticed about the timetable for China’s pipeline network independence, especially the establishment of a state pipeline company. There had also been supporting policies for gas pipeline transportation price regulations released by governments in major gas consumption provinces such as Zhejiang, Guangdong, Shandong and Hebei during Nov-Dec 2017.
According to the report, A major gas shortage which affected over 20 provinces and regions since Nov’2017 had fully exposed the shortage of all aspects in China’s gas industry. Not only the increasing gas demand from wide-ranged coal to gas in North China and supply shortage from decreasing Central Asia pipe gas import were two major factors to the fact, but also bottlenecks in China’s lacking gas storage, unsustainable duel-track price mechanism, losses in supply ensuring trading and access to an open and fair pipeline network as well as LNG terminals were the long-standing reasons for China’s natural gas supply/demand contradiction.
According to the the author, downstream data also shows a great increase of gas demand in city gas, heating, vehicles and commercial use.
Companies Mentioned
- Baota Petrochemical
- Beijing Gas Group
- CNOOC
- CNPC Kunlun
- CNPC/PetroChina
- Central Asia-China Gas Pipeline
- Chaozhou Huafeng
- China Gas Holdings
- China LNG Import & Terminal
- ENN
- Guodian Group
- Hanas
- Huadian Group
- Jiufeng
- Long term LNG Deals
- Pacific Oil & Gas
- Russia-China Gas Pipeline
- Shenergy
- Shenran Group
- Sinopec
- Xinjiang Guanghui
