Subscribe | Register | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Asian gas industry group counts on rising demand
Regional industry body ANGEA remains bullish about Asia's adoption of gas and LNG, despite elevated prices and logistical challenges
Canada’s west coast LNG projects gain momentum
Geographical position, long-term demand and decarbonisation efforts continue to support the region’s burgeoning LNG sector
Hong Kong looks to LNG to cut emissions
The special administrative region has introduced the fuel as part of its drive for carbon neutrality, but it will take years for imports to ramp up
Malaysia LNG faces growing gas supply challenges
Pipeline problems, maturing fields, gas quality issues and territorial disputes threaten to erode Malaysia’s LNG exports
LNG market braces for Australian strikes
Significant capacity is affected, but the market impact may prove limited
Karpowership charts unique course
The floating power station specialist discusses its plans in South Africa and elsewhere
Southeast Asia embraces LNG
Vietnam and the Philippines lay down a marker for the region’s growth prospects with new import terminals
Energy crisis resets expectations for Asia-Pacific LNG demand
Reliability and affordability key in price-sensitive Asian market amid renewed global dependency on natural gas
Asia’s LNG approach evolves
Asia learns energy security lessons after counting the costs from the destination flexibility of LNG
LNG industry’s faith unwavering on Asian demand
The number of supply projects under construction around the world suggests developers and buyers believe in decades of future growth
First phase of the NFE expansion will increase Qatar’s LNG production capacity
Opinion
LNG Supply and demand China
Shi Weijun
Shanghai
24 February 2023
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Letter from China: Long-term LNG demand looks strong

Last year’s slip in gas consumption does not affect the outlook to mid-century

Speculation that China is nearing a new long-term LNG supply deal with Qatar—that would take cooperation through to the middle of this century—underlines how the long-term growth story for gas in the Asian giant remains intact as Beijing looks to back up its immense buildout of renewable energy. State-controlled CNPC is reportedly in talks with state-owned QatarEnergy to buy LNG from the latter’s 49mn t/yr North Field East (NFE) expansion programme on similar terms to the 27 year-long SPA for 4mn t/yr signed by domestic peer Sinopec last November. Sinopec’s contract will be met through the NFE expansion and marks the longest-duration contract ever signed by QatarEnergy. The first phase of th

Also in this section
Libya targets 2m b/d oil before 2030
28 September 2023
Oil minister Oun sends out cautiously optimistic message on oil and gas outlook and says pilot project ready to unlock huge shale reserves key to further growth
Asian gas industry group counts on rising demand
27 September 2023
Regional industry body ANGEA remains bullish about Asia's adoption of gas and LNG, despite elevated prices and logistical challenges
How the Yom Kippur war changed OPEC
26 September 2023
Half a century after the 1973 conflict, the world is dramatically different. But OPEC’s power remains
Appalachia’s gas faces infrastructure challenge
26 September 2023
Bottlenecks continue to constrain gas-rich Appalachia, and relief may not be in the pipeline

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2023 The Petroleum Economist Ltd
Cookie Settings
;

Search