Insight
More opportunities for gas to grow: China gas and power month in brief December 2016
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Although the weather was milder than expected, China saw robust gas and power demand growth in November. Gas demand was up around 7% and LNG imports grew by 28% year-on-year from January to November. Concerns around waves of thick smog became epidemic, prompting rollouts of reforms in the gas and power sectors. The National Energy Administration urged local governments to spur natural gas demand, while Jiangsu unveiled an ambitious gas power build plan, and a nationwide power market transaction code was also released. NOCs moved in response to the government push. Sinopec sold a 50% stake in the Sichuan-East pipeline to China Life and SDIC, and PetroChina offered third-party access to its pipelines to Guanghui Energy. We are expecting more to come in 2017.
Table of contents
- Executive summary
-
Markets
-
Robust seasonal demand growth and regional shortages co-exist
- Monthly power demand
-
Power demand recovery faces more uncertainty
- Beijing AQI
-
Robust seasonal demand growth and regional shortages co-exist
Tables and charts
This report includes the following images and tables:
-
More opportunities for gas to grow: China gas and power month in brief December 2016: Image 1Monthly gas demandMonthly LNG demandMore opportunities for gas to grow: China gas and power month in brief December 2016: Image 4More opportunities for gas to grow: China gas and power month in brief December 2016: Image 5
What's included
This report contains:
Other reports you may be interested in
Insight
China gas and power month in brief: positive dynamics for gas, LNG and coal
Driven by coal-to-gas switching in the industry sector, China’s gas demand surged by 18.5% in May.
$950
Insight
Reforms aim for cleaner energy mix: China gas and power month in brief
October is a seasonal low for China's gas market. Overall gas demand expected to grow by 5% in October, with LNG imports up by only 15%.
$950
Insight
China gas and power month in brief: balancing acts are increasingly difficult
China maintained a strong appetite for both LNG and electricity.
$950
