Energy report, Chemical report,News & Commentary, Market Price, JLC database

China’s Hanas gets green light to build Putian LNG terminal

Beijing (JLC), February 21, 2022--Chinese energy company Hanas Group has received official approval to build Putian LNG terminal in southern China’s Fujian province.

02-21-2022 14:39:25

China's LNG imports slump in January

Beijing (JLC), February 18, 2022--China imported around 7.43 mln mt of LNG in January, slumping by 16% on month and by 19% on year, according to JLC shipping fixtures.

02-18-2022 17:55:44

China’s spot LNG prices extend drop in January

Beijing (JLC), February 18, 2022--JLC China LNG price indexes averaged CNY4,671/mt in January 2022, which dropped by 8.28% on month and 25.78% on year amid weaker demand.

02-18-2022 17:48:02

China's Nov gas consumption rises sharply on year

Beijing (JLC), January 4, 2022--China’s apparent consumption of natural gas increased sharply on year in November, mainly driven by city gas distribution.

01-04-2022 16:17:09

Trucked LNG supply rebounds sharply in China's northern regions

Beijing (JLC), December 20, 2021--Trucked LNG supply from the terminals in China’s northern regions more than doubled on week on Dec 16, amid a string of bullish factors.

12-20-2021 17:36:17

China's spot LNG supply drops in November on weak demand

Beijing (JLC), December 15, 2021--LNG supply in China's spot market--LNG output from domestic LNG plants plus LNG imports loaded directly on trucks dropped by 5.05% or near 228 mln cubic meters (cbm) to 4.29 bln cbm in November 2021, slumping by 19.76% year on year, JLC data showed.

12-15-2021 17:54:50

LNG prices in China's Shandong, Henan drop amid increased supply

Beijing (JLC), December 1, 2021--Ex-plant LNG prices weakened in China’s Shandong and Henan provinces at the end of November, as some local LNG storage facilities started winter supply, fueling market concerns over supply surplus.

12-01-2021 15:52:58

LNG consumption tumbles in China's top steelmaking city Tangshan

Beijing (JLC), November 30, 2021--LNG consumption in China's top steelmaking city of Tangshan in northern Hebei province tumbled as some industrial factories were directed to cut or suspend operation after an air pollution alert.

11-30-2021 16:00:25

Sinopec Changling runs its hydrogenation units in high gear

Beijing (JLC), November 25, 2021--Sinopec’s Changling Petrochemical in central China’s Hunan province has ramped up the operation of its hydrogenation units, in a bid to increase diesel output.

11-25-2021 17:41:30

China's Foran Energy signs 20-year LNG SPA with Cheniere

Beijing (JLC), November 25, 2021--China’s city gas distributor Foran Energy announced Wednesday that the company has signed a 20-year LNG sales and purchase agreement (SPA) with Cheniere Marketing International LLP, a wholly-owned subsidiary of Cheniere Energy.

11-25-2021 15:26:42

China's dependency on foreign gas reaches 44% in Jan-Oct 2021

Beijing (November 24, 2021)--China’s dependency on foreign natural gas in the first ten months of 2021 rose year on year amid increased demand.

11-24-2021 18:03:02

Sinopec's ZRCC starts up 4mln mt/yr hydrocracking unit

Beijing (JLC), November 24, 2021--China’s oil giant Sinopec said Monday that its Zhenhai Refining and Chemical Company (ZRCC) had put a new hydrocracking unit into operation.

11-24-2021 11:51:06

China’s Oct apparent gas consumption falls on weakened demand

Beijing (JLC), November 23, 2021--China’s apparent consumption of natural gas slipped in October on a monthly basis, because of weakened demand amid increased gas prices.

11-23-2021 17:11:47

CNOOC launches first coastal LNG refueling station in China

Beijing (JLC), November 22, 2021--CNOOC Gas & Power Group announced on November 20 the official operation of China’s first coastal LNG refueling station for ships in the southernmost Hainan province.

11-22-2021 17:26:44

Zhejiang Energy partners with Shenergy, CNOOC to build LNG terminal

Beijing (JLC), November 18, 2021--China’s state-owned city gas distributor Zhejiang Energy said recently that the company had signed an agreement with Shenergy Group and CNOOC Gas & Power to jointly build an LNG terminal in Shanghai.

11-18-2021 16:45:53

China increases natural gas supply for this winter heating season

Beijing (JLC), November 17, 2021--China’s natural gas supply has surpassed 1 bln cubic meters (cbm) per day since November 7, rising by around 100 mln cbm/d from the same period of last year, according to a press release held by China’s top economic planner on Tuesday.

11-17-2021 17:19:25

Sinopec Maoming steps up diesel supply during harvest season

Beijing (JLC), November 16, 2021--China’s oil giant Sinopec says Tuesday its Maoming Petrochemical in southern Guangdong province has stepped up diesel supply since mid-October, as the demand has increased dramatically in South China and East China during harvest season.

11-16-2021 17:45:31

China’s Guanghui Energy expands unloading quay of Qidong terminal

Beijing (JLC), November 16, 2021--China’s Guanghui Energy has finished expanding the No.1 unloading quay of its Qidong LNG import terminal in eastern Jiangsu province, which enables the quay to receive LNG carriers up to 185,000 cubic meters (cbm) in capacity.

11-16-2021 17:40:43

China’s spot LNG supply rebounds after 5 straight monthly drops

Beijing (JLC), November 15, 2021--LNG supply in China's spot market rebounded by 6.59% or near 280 mln cbm to 4.52 bln cbm in October 2021, slumping by 21.23% year on year but surging by 20.6% from the same period of 2019, JLC data showed.

11-15-2021 18:01:49

China’s spot LNG prices rise for sixth consecutive month

Beijing (JLC), November 15, 2021--On the basis of six consecutive months of gains, JLC China LNG price indexes averaged 7.39% higher on month at CNY6,464.45/mt in October 2021, soaring 104.57% year on year. LNG prices rose across all major regions, posting upticks ranging between 5.37% and 13.40%.

11-15-2021 17:52:37

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