China LNG news
GlobalData: oil and gas contract value sustains despite 22% drop in volume during 2023
Oil and gas industry exhibits resilience as contract value sustains despite 22% drop in contract volume during 2023, reveals GlobalData.
Considering China’s role in LNG
In the March 2024 issue of LNG Industry, Jessica Casey, LNG Industry, UK, provides a brief overview of China’s LNG industry. This special report lists all the sources used for this article.
Global LNG demand to grow beyond 2040, driven by industrial demand in China and economic development in South Asia and South-east Asia
Global demand for LNG is estimated to rise by more than 50% by 2040, as industrial coal-to-gas switching gathers pace in China and South Asian and South-east Asian countries use more LNG to support their economic growth, according to Shell’s LNG Outlook 2024.
TGE Gas Engineering completes Huizhou LNG terminal project
TGE Gas Engineering has completed its Huizhou LNG receiving terminal EPC project.
Sinopec puts world’s largest LNG storage tank into service
China Petroleum & Chemical Corp. has put China's first, and also the world's largest, LNG storage tank into service at its Qingdao LNG Receiving Terminal.
QatarEnergy and Sinopec sign LNG supply agreement
QatarEnergy has announced the signing of a partnership agreement with China Petrochemical Corporation for the North Field South expansion project, as well as a long term sales and purchase agreement of 3 million tpy of LNG.
ADNOC Gas signs LNG supply agreement with PetroChina
ADNOC Gas plc has announced an agreement, valued between US$450 million – US$550 million, to supply LNG to PetroChina International Company Ltd.
Wah Kwong signs newbuilding and leasing contract for LNG carriers
Sea Jade Investment Ltd, a joint venture company formed between China City Gas, Fortune Clean Energy, and Wah Kwong Maritime Transport Holdings Ltd, have signed a newbuilding contract with Dalian Shipbuilding Industry Offshore Co Ltd for two LNG carriers.
EPS completes first bulk carrier LNG bunkering operations at Zhoushan Anchorage
Eastern Pacific Shipping recently became the manager of the first bulk carrier to complete LNG bunkering operations at Zhoushan Anchorage, China.
Joint statement on accelerating methane mitigation from the LNG value chain
On 16 August 2023, Australia, Canada, Chile, Indonesia, Japan, the Republic of Korea, New Zealand, Papua New Guinea, Peru, Chinese Taipei, and the US met through their representatives to reiterate their commitment to the Global Methane Pledge.