Commodity Market Report
China gas markets long-term outlook H1 2015
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Demand growth in China's gas market – averaging c. 15% for the past 5 years – slumped to under 3% year-on-year in the first 6 months of 2015, driving uncertainty around the outlook for Asia Pacific gas prices, the ramp up of contracted LNG volumes, and ultimately the scale of China's gas market.
Table of contents
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Executive summary
- Demand weakness expected to persist for the next 2-3 years
- LNG demand under pressure, but Pacific basin pricing spurs demand response
- Lower shale outlook, but additional incentives on the horizon
- City Gate prices may be revised again amid weak demand
- Key data tables
- Economic outlook
-
Policy and regulation
- Gas sector policy & regulation
-
Regulatory structure
-
Demand
- Gas demand overview
- Industrial sector (including feedstock)
- Residential & commercial sector (including space heating)
- Transport sector
- Power sector
- Appendix - Provincial Demand Data
-
Supply
- Summary
-
Domestic gas resources
- Conventional gas resources
- Unconventional gas resources
- Appendix: Domestic supply
-
Costs
- Supply cost stack
- Weighted average cost of gas supply
-
Trade
-
Gas Imports - Pipeline
-
Central Asia Imports
- Turkmenistan
- Uzbekistan
- Kazakhstan
- Myanmar Imports
-
Russia Imports
- Russia East
- Russia West
- Assumed import pipeline contract pricing
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Gas Imports - LNG
- LNG import contracts
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Central Asia Imports
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Gas Imports - Pipeline
-
Infrastructure
-
Domestic gas infrastructure
- Existing
- Under development & proposed
- Gas Import infrastructure - LNG
- CNOOC
- PetroChina
- Sinopec
- Private entrants
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Domestic gas infrastructure
-
Supply-demand balances
- Contracted Supply
- LNG Supply-Demand Balance
-
Prices
- Introduction
-
China's existing gas pricing structure
- Gas pricing structure
- Power pricing
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Non-power pricing
- Industry & Commercial
- Residential
- Transport
- Appendix - Provincial End User Prices
- Risks and uncertainties
Tables and charts
This report includes the following images and tables:
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Economic IndicatorsChina Supply & Demand BalanceChina gas demand by province
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China gas market balanceChina power market balanceSummary of 12th Five Year Plan energy targetsKey policy events in 2014-2015China energy policy making and regulatory structureTotal China gas demand by sectorChina demand by provinceIndustrial gas demand by provinceFertilisers and Chemicals gas demand by province
- 33 more item(s)...
What's included
This report contains:
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