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Chongqing Zhongrun LNG plant to come on steam after Spring Festival

Beijing (JLC), February 5, 2021--Chongqing Zhongrun Energy has completed the torch commissioning at its 600,000 cbm/day LNG project and plans to officially start production at this project after the Spring Festival holiday (February 11-17, 2021), according to industry sources.

02-05-2021 08:55:37

LPG futures-spot price spread narrows amid futures declines

Beijing (JLC), September 25, 2020--The price spread between LPG futures and spots narrowed recently, because futures declined and spot prices were relatively firm.

09-25-2020 16:31:50

Shandong feed gas-residential gas spread may enlarge

Beijing (JLC), June 8, 2020--The spread between feed gas and residential gas prices in Shandong may enlarge in June

06-08-2020 14:25:45

China LNG plants see operating rate rise as virus spread slows

Beijing (JLC)，March 23, 2020--The average operating rate at China’s LNG plants has picked up to 46.19% as of March 20, a rise of 22.21 percentage points from ten-day-ago level, JLC data shows, as the coronavirus epidemic is showing signs of easing in the country.

03-23-2020 17:39:39

Domestic LPG supply rises amid eased virus spread

Beijing (JLC), March 23, 2020--The domestic liquefied petroleum gas (LPG) supply grew amid eased coronavirus spread in China

03-23-2020 09:45:51

East China LPG prices fall on virus spread

Beijing (JLC), February 11, 2020--The liquefied petroleum gas (LPG) prices in east China fell amid the outbreak of a novel coronavirus (2019-nCoV) since late January

02-11-2020 17:44:06

Butane deep processors cut unit loads amid virus spread

Beijing (JLC), February 11, 2020--China saw lowering butane deep-processing unit operating rates amid the spread of a novel coronavirus (2019-nCoV) from late January

02-11-2020 14:16:21

Shandong C4R2 prices plunge amid 2019-nCoV spread

Beijing (JLC), February 11, 2020--The C4 raffinate-II (C4R2) prices in China plunged after the Lunar New Year holiday due to the spread of a novel coronavirus (2019-nCoV)

02-11-2020 11:05:54

Many LNG plants halt operation in China as virus spreads

Beijing (JLC), February 5, 2020--China has seen 62 gas liquefaction plants suspend operation as of February 4, 28 more from January 22, as they grapple with the coronavirus outbreak, JLC survey shows.

02-05-2020 17:23:30

China’s LNG market remains slack as coronavirus outbreak spreads

Beijing (JLC), February 4, 2020--China’s domestic LNG market has remained slack since the Lunar New Year holiday (January 24-30), and the situation is exacerbated by the coronavirus outbreak.

02-04-2020 14:54:35

North China residential-feed gas spread narrows in October

Beijing (JLC), October 14, 2019--The spread between the residential liquefied petroleum gas (LPG) and feed gas in North China narrowed in early October, JLC data shows

10-14-2019 11:35:30

LNG terminals springing up amid gas shortage

Beijing (JLC), July 12, 2018—A severe gas shortage sweeping northern China last winter has forced companies to accelerate construction on LNG terminals.

07-12-2018 18:15:21

LNG price spread between different regions grows continuously

In mid-December 2016, heavy smog occurred in most regions of north China and lasted about one week, the longest time since H2 2016. In early 2017, smog stroke China again from January 1st to January 8th.

01-05-2017 10:15:37

Tailor-made natural gas DER projects springing up

All indicate that natural gas DER cooperation projects are growing sharply in China this year.

09-19-2016 10:53:54

Despite reverse price spread between DME and LPG, DME market still keep strong

Price growth in successive two weeks makes price spread between LPG and DME in China cut greatly, or even reverse in some areas. However, still mounting price of feed stock makes DME cost in losses, therefore many companies stop operation or lower run load.

03-24-2016 14:19:27

Still sluggish LPG market in spring

In March, international crude oil price rebounded with WTI increasing to $40/bbl. After rising rapidly, feed gas price growth slew down.

03-24-2016 10:46:08

LPG market short review in spring (one)

After the Spring Festival Holiday, residential gas market has been dropping consecutively. Import gas volume has been mounting since it emerged years ago. Teapot refineries led LPG market price previously, then importers adjusted following, and downstream users operated accordingly.

03-11-2016 17:32:55

Spring maintenance and reoperation of the downstream push China methanol market

China methanol spot market edged up against spring maintenance, downstream reoperation and firm crude oil price. Methanol price in North China and Northwest China increased by 7%-8% and that in East China, South China and Shandong increased by 4%-6%.

02-24-2016 15:38:32

Spring overhaul of Shandong teapots launching

02-24-2016 13:59:25

Outlook on LPG market after the Spring Festival Holiday

Turbulent global financial market, shock of international crude oil market and remove of expressway restriction on dangerous chemicals recently make the distributors who have great replenishments demand greatly nervous.

02-19-2016 17:16:51

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