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Reforms aim for cleaner energy mix: China gas and power month in brief

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Report summary

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%. But concerns over a gas shortage are back on the table after China entered the heating season in November. Although the country is ramping up domestic production and LNG imports to secure supplies pipeline transmission and gas storage could be the bottleneck to meet peak demand. No major LNG deals were seen in the market but the government is pushing hard on price liberalisation in Fujian province and the fertiliser industry. Meanwhile third party access to LNG regas terminals remains a stumbling block to gas sector reform. Elsewhere the Chinese government announced cost accounting protocols for power grid transmission and wishes to set the country's power sector on a cleaner path of growth.

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  • Document

    November dashboard.xls

    XLS 154.50 KB

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    Reforms aim for cleaner energy mix: China gas and power month in brief

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This report includes 5 images and tables including:

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  • Reforms aim for cleaner energy mix: China gas and power month in brief: Image 1
  • Monthly gas demand
  • Monthly LNG demand
  • Reforms aim for cleaner energy mix: China gas and power month in brief: Image 4
  • Reforms aim for cleaner energy mix: China gas and power month in brief: Image 5

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