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Saturday, 24 February 18
CHINA BECOMES WORLD'S SECOND LARGEST LNG IMPORTER, BEHIND JAPAN - EIA
 China surpassed South Korea to become the world’s second-largest importer of liquefied natural gas (LNG) in 2017, according to data from IHS Markit and official Chinese government statistics. Chinese imports of LNG averaged 5 billion cubic feet per day (Bcf/d) in 2017, exceeded only by Japanese imports of 11 Bcf/d. Imports of LNG by China, driven by government policies designed to reduce air pollution, increased by 1.6 Bcf/d (46%) in 2017, with monthly imports reaching 7.8 Bcf/d in December.
China’s imports of natural gas have grown to meet increasing domestic natural gas consumption, which has been primarily driven by environmental policies to transition away from coal-fired electricity generation. The Chinese government has also implemented policies to convert several million residential households in China’s northern provinces, which traditionally rely on coal heating in the winter, to use natural gas-fired boilers instead.
Natural gas storage capacity in China is relatively limited, estimated at just 3% of total natural gas consumption. China’s seasonal peak demand is met primarily by natural gas imports, either by pipeline from Central Asia or by shipments of LNG. Despite increases in China’s domestic production and in pipeline imports in 2017, natural gas shortages in northern China led to record levels of LNG imports during the 2017 winter. Overall, natural gas imports accounted for 40% of China’s 2017 natural gas supply, and LNG made up more than half of those imports.
China has 17 LNG import terminals at 14 ports along its coastline, with a combined regasification capacity of 7.4 Bcf/d. Annual utilization rates at LNG import terminals averaged about 50% from 2013 through 2016, but the rate increased to 69% in 2017. Colder-than-normal winter weather increased natural gas demand and led LNG import terminals in the northern and central coastal regions of China to exceed nameplate capacity by 30% and 20%, respectively, in December 2017.
EIA expects natural gas consumption in China to continue to increase—driven by economics and environmental policies—and imports and increasing domestic production will be used to meet growing demand. China’s LNG import capacity is expected to reach 11.2 Bcf/d by 2021, once capacity expansions at existing terminals and new terminals currently under construction are completed. EIA also expects China’s imports of natural gas by pipeline to increase, especially as the Power of Siberia pipeline from Russia comes online by the end of 2019.
U.S. LNG exports to China increased significantly last year, from 17.2 Bcf in 2016 to 103 Bcf in 2017. China accounted for nearly 15% of U.S. LNG exports in 2017, behind only Mexico and South Korea. In November 2017, the United States and China signed several preliminary agreements for U.S. LNG exports to China, including exports from Sabine Pass on the Gulf Coast of Louisiana, the fully approved Delfin LNG offshore export project off Louisiana’s coast, and the proposed Alaska LNG project. In February 2018, Cheniere Energy and the China National Petroleum Corporation signed two long-term contracts for LNG from Sabine Pass and new LNG facility under construction near Corpus Christi, Texas.
Source: EIA
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Monday, 17 July 23
APPROVED AMMONIA-FUELED CONTAINERSHIP - BENEFITS AND RISKS: REED SMITH
Following the news in Offshore Energy that Korea Maritime Consultants has secured approval in principle from the American Bureau of Shipping for it ...
Friday, 14 July 23
CLEAN COAL USE KEY TO DEEP CUTS IN EMISSIONS, STABLE ELECTRICITY SUPPLY - CHINA DAILY
China must push for the clean use of coal and step up integration of the dirty fuel with carbon capture, utilization and storage to achieve sustain ...
Thursday, 13 July 23
VIETNAM'S COAL EMISSIONS PRIMED FOR SURGE AFTER IMPORTS JUMP - REUTERS
Vietnam’s thermal power emissions are primed for a steep climb this summer after the country’s imports of thermal coal soared to their ...
Monday, 26 June 23
COAL PRODUCTION AND CONSUMPTION UP IN 2022 - EUROSTAT
In 2022, EU coal production and consumption continued to increase, reaching 349 million tonnes (+5% compared with the previous year) and 454 millio ...
Wednesday, 21 June 23
QATAR STRIKES SECOND BIG LNG SUPPLY DEAL WITH CHINA - REUTERS
Qatar on Tuesday secured its second large gas supply deal with a Chinese state-controlled company in less than a year, putting Asia clearly ahead i ...
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- Indo Tambangraya Megah - Indonesia
- Krishnapatnam Port Company Ltd. - India
- South Luzon Thermal Energy Corporation
- Global Business Power Corporation, Philippines
- Romanian Commodities Exchange
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Thiess Contractors Indonesia
- The University of Queensland
- Essar Steel Hazira Ltd - India
- Banpu Public Company Limited - Thailand
- Economic Council, Georgia
- White Energy Company Limited
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- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
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- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
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- Tata Chemicals Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Orica Mining Services - Indonesia
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- Kobexindo Tractors - Indoneisa
- Gujarat Sidhee Cement - India
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- Lanco Infratech Ltd - India
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- Coastal Gujarat Power Limited - India
- CIMB Investment Bank - Malaysia
- Coal and Oil Company - UAE
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- SMG Consultants - Indonesia
- Bayan Resources Tbk. - Indonesia
- Ind-Barath Power Infra Limited - India
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- San Jose City I Power Corp, Philippines
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- Straits Asia Resources Limited - Singapore
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- Meenaskhi Energy Private Limited - India
- GAC Shipping (India) Pvt Ltd
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- OPG Power Generation Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
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- Deloitte Consulting - India
- McConnell Dowell - Australia
- VISA Power Limited - India
- Eastern Energy - Thailand
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- Parliament of New Zealand
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- Siam City Cement - Thailand
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- Kepco SPC Power Corporation, Philippines
- Indonesian Coal Mining Association
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
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- Mercuria Energy - Indonesia
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- Karbindo Abesyapradhi - Indoneisa
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- London Commodity Brokers - England
- Vedanta Resources Plc - India
- Energy Link Ltd, New Zealand
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- Indian Energy Exchange, India
- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Attock Cement Pakistan Limited
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- Wilmar Investment Holdings
- Pipit Mutiara Jaya. PT, Indonesia
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- Heidelberg Cement - Germany
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- Renaissance Capital - South Africa
- Metalloyd Limited - United Kingdom
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
- European Bulk Services B.V. - Netherlands
- Kapuas Tunggal Persada - Indonesia
- LBH Netherlands Bv - Netherlands
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- PetroVietnam Power Coal Import and Supply Company
- Sindya Power Generating Company Private Ltd
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- Semirara Mining Corp, Philippines
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- Chamber of Mines of South Africa
- Minerals Council of Australia
- TeaM Sual Corporation - Philippines
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- Formosa Plastics Group - Taiwan
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- PNOC Exploration Corporation - Philippines
- Sical Logistics Limited - India
- Kumho Petrochemical, South Korea
- Mintek Dendrill Indonesia
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
- India Bulls Power Limited - India
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- Aditya Birla Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Sojitz Corporation - Japan
- Cement Manufacturers Association - India
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- Electricity Authority, New Zealand
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- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- Marubeni Corporation - India
- MS Steel International - UAE
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- Australian Coal Association
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- Planning Commission, India
- Bharathi Cement Corporation - India
- Videocon Industries ltd - India
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- Bhatia International Limited - India
- New Zealand Coal & Carbon
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- PTC India Limited - India
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
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