China gas & power - 2013 in Review and Outlook for 2014

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Report summary

With headlines dominated by chronic air pollution, gas price reform, major import deals and high-profile corruption allegations, 2013 was a memorable year for the Chinese gas and power sectors. 2013 also saw further progress in negotiations for pipeline imports from East Siberia between Gazprom and CNPC, significant Chinese buying activity in the LNG spot market and the commissioning of a number of major natural gas infrastructure projects.

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    China gas & power - 2013 in Review and Outlook for 2014

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Table of contents

  • Gas Supply & Demand – Review of 2013 Actuals vs Wood Mackenzie Forecasts
  • Environment – Beijing’s ‘crazy bad’ air leads to ‘tough measures for tough tasks’
  • Gas Pricing - After a 3 year wait, reform finally announced in June 2013
  • LNG – Chinese NOCs re-discover their appetite for long-term deals
  • LNG – The emergence of China’s non-NOC LNG buyers
  • Gas Demand – Rising winter demand and PetroChina’s spot LNG response
  • Gas Supply – Low levels of shale gas activity continue in 2013
  • Pipeline Imports – More gas from Turkmenistan and progress with Russia
  • Power – Increased focus on emissions as tariff structure is reformed
  • Infrastructure – Further progress in 2013 but how likely is third party access?
    • Related Insights

Tables and charts

This report includes 2 images and tables including:


  • China Gas Supply & Demand – 2013 Actuals vs WM Forecasts & 2014 Forecasts
  • China 2014 new start-up terminals & Proposed New Importers

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