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Bright outlook despite short-term turbulence: China gas and power month in brief January 2017

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Report summary

2016 ended weaker than expected for China's gas and power demand as a result of mild weather. Overall gas demand in 2016 picked up by 6.6% but LNG imports soared by over 70% in December thanks to more cargo deliveries and the decline of Central Asian imports. Power demand was up by 5% in 2016 pretty good growth given the flat 2015. The warm market is adding to the festive mood as we enter the Year of the Rooster as is the move to reposition natural gas as one of the main sources to clean China s energy mix. This will unlock huge investment opportunities. Elsewhere we see further progress on capacity rationalisation of China's coal fired power projects and a green electricity certificates scheme was announced to better support renewables.

What's included

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  • Document

    January 2017 dashboard.xls

    XLS 156.50 KB

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    Bright outlook despite short-term turbulence: China gas and power month in brief January 2017

    PDF 1.02 MB

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    Bright outlook despite short-term turbulence: China gas and power month in brief January 2017

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Tables and charts

This report includes 5 images and tables including:

Images

  • Bright outlook despite short-term turbulence: China gas and power month in brief January 2017: Image 1
  • Monthly gas demand
  • Monthly LNG demand
  • Bright outlook despite short-term turbulence: China gas and power month in brief January 2017: Image 4
  • Bright outlook despite short-term turbulence: China gas and power month in brief January 2017: Image 5

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