The establishment of an Asian regional gas trading hub is still at least five years away, International Gas Union President Jerome Ferrier told a press conference in Sydney Tuesday. LNG importers in Asia are studying plans to establish a ...
Tags: LNG importers, gas, natural gas
State-owned PetroChina lost some Yuan 49 billion ($7.9 billion) last year importing natural gas from foreign suppliers and selling it at lower domestic prices in China, the company revealed Thursday when it released its 2013 financial ...
Tags: Natural Gas, PetroChina, pipeline gas
The net volume of gas imported into the UK outstripped domestic production in 2013 for the first time ever, the Department of Energy and Climate Change said Thursday. "Imports of gas again exceeded UK production, and in 2013 for the first ...
Tags: Gas Imports, Domestic Output
A new natural gas discovery in southeast Sichuan province - the single biggest ever - could ease domestic shortages in as little as a year and give China a stronger hand in energy negotiations with Russia, according to some experts. China ...
Tags: natural gas, domestic shortages
Argentine Presidential Chief of Staff Jorge Capitanich said Monday that a proposed reduction in state energy subsidies will help increase investment in the sector, making it possible to boost gas production and scale back imports. "What ...
Tags: Energy Subsidy, Gas Imports
Rapidly increasing natural gas demand led to a surge in imports to China last year. Total consumption of natural gas last year rose 13.9 percent with total consumption hitting 167.6 billion cubic meters, according to a report by China ...
Tags: Natural Gas, Petroleum
China's apparent demand for gas in December rose 14.1% year on year to a record high of 16.26 billion cu m, according to Platts calculations of recently released government data. China does not release consumption data on gas. Platts ...
Tags: natural gas, gas demand
China imported 1.85 million mt of natural gas via pipelines in December 2013, a 20.1% year-on-year increase, data released by the General Administration of Customs showed Wednesday. Customs data records natural gas trade data in metric ...
Tags: Natural Gas, LNG imports
Demand grows due to battle against effects of higher levels of air pollution China's dependency on imported natural gas is expected to surge almost 19 percent this year as the nation's battle against air pollution drives up demand for the ...
Tags: Gas Imports, Mineral
China imported 1.73 million mt of natural gas via pipelines in November, up 8.2% year on year, data released by the General Administration of Customs showed Tuesday. Customs data records natural gas trade data in mt, similar to LNG ...
Tags: Gas Pipeline, cv
Nation seeks to reduce use of fossil fuels in move to improve air quality China's dependency on natural gas imports will continue to increase as the country is trying to reduce its fossil fuel consumption and improve air quality, experts ...
Tags: Natural Gas
Imports will account for a major chunk of China's natural gas usage this year, even as the country strives to improve clean fuel usage, experts said. Wang Xiaokun, an energy analyst with Sublime China Information Co, a Chinese commodities ...
Tags: Natural Gas, Metallurgy
China is extending an existing tax exemption on imported gas to new sources of foreign pipeline gas and imported LNG. The Ministry of Finance announced on Monday that the tax exemption will be granted to pipeline imports from Myanmar, ...
China's hunger for natural gas has pushed its shipbuilding and energy industries to build more liquefied natural gas carriers and import terminals, to give the nation an edge over other countries. "China will need more than 35 LNG ...
Tags: Energy Industries, LNG
China has fine-tuned its tax preferential policy for natural gas imports, adding three gas import projects to the list, said a joint statement released by State agencies including Ministry of Finance Monday. A pipeline pumping natural gas ...