China gas and power month in brief: October 2016

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China's gas market went on a roller-coaster ride again in September. While overall gas demand picked up by a mild 11%, pipe imports surged by 58% on the back of a 50% contraction in August. LNG imports in September continued to perform strongly, nearly doubling the volume last year. Corporate activities remained relatively quiet, except for PetroChina's plan to increase gas sales prices in expectation of a harsh winter. Elsewhere, the Chinese government aims to cool down the coal-fired power construction frenzy, ramp-down subsidies for renewables and target the pricing of gas storage to further gas sector reform.

Table of contents

  • Executive summary
    • Data dashboard update
    • Monthly power demand
    • September: a seasonal dip in recovery
    • NDRC deregulates gas storage pricing
    • PetroChina to increase gas prices based on city-gate prices
  • Will this winter's air quality get worse?

Tables and charts

This report includes 5 images and tables including:

  • Monthly gas demand
  • Monthly LNG demand
  • Beijing AQI

What's included

This report contains:

  • Document

    October dashboard.xls

    XLS 154.00 KB

  • Document

    China gas and power month in brief: October 2016

    PDF 1.66 MB