Putting the spotlight on the gas industry in China
China's natural gas market is undergoing rapid expansion. As a result the supply shortage in the region has continued to widen – to the point where liquid natural gas prices in the domestic spot market have risen during traditional low consumption seasons.
To meet significant increases in demand, PetroChina opened the trunk line of its second West-East gas pipeline, which delivers natural gas imported from central Asia. The oil and gas giant also started to receive imported liquid natural gas cargoes at the terminal at Rudong in East China’s Jiangsu province. All of these developments impact the short and long term plans of those involved in the gas industry.
A clear view of market activity is therefore vital for players across the industry including chemical and gas producers, power plants, industrial manufacturers, investors and traders. The ICIS China Gas Supply and Demand Research report meets the need for detailed and robust data, with regional breakdowns, which is used to maximise opportunities and minimise risk in this key growth area.
Published annually, the China Gas Supply and Demand Research report provides a detailed overview of the market including regional data and trends for China’s major gas-consuming cities. Subscribers will gain unrivalled insight into the rapidly growing natural gas industry in China.
The ICIS China Gas Supply and Demand Research report covers:
China is aiming to slow energy consumption in 2011-2015, as part of its efforts to correct overuse and foster greener economy.
The introduction of a pilot gas price programme underscored China’s commitment to gradual market reforms. Extending these across China could have implications for wider Asian gas pricing structures.