Insight
The new reality for Central Asian gas
This report is currently unavailable
Report summary
In 2014, more Central Asian gas was delivered to China than to Gazprom for the first time. With Gazprom cutting its purchases, the dependence on the Chinese market could already be of concern. Slower Chinese demand growth is compounding this anxiety. Moreover, in the current low oil price, supplies are struggling to compete with LNG in coastal China. Central Asian gas production will grow over the next decade, but regional governments are under pressure to find alternative monetisation options.
Table of contents
- Gazprom cuts Central Asia’s most reliable export revenues
- China is the key export market, but near-term growth is under threat
- Spot LNG more attractive than China’s piped imports at US$60/bbl...
- Reduced Gazprom purchases hit Turkmenistan and Uzbekistan state revenues
-
Key upstream developments must re-evaluate
- Turkmenistan
- Uzbekistan
- Alternatives? Domestic monetisation easier than export diversification
Tables and charts
This report includes 6 images and tables including:
- Central Asian gas production: 2005-2025
- Central Asian gas production: 2005-2025, by market
- China gas demand and growth rate (2011-2019)
- 2015 delivered cost comparison at US$60/bbl Brent (Shanghai, US$/mmbtu)
- Piped gas and LNG price competitiveness (Shanghai-delivered): 2014–2015
- Existing and new LNG contracts to China: 2015-2019
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
LNG short-term analytics: Data download
Weekly updated data download for LNG Short-Term Analytics Service
$4,000
Asset Report
Sangachal Terminal
The BP-operated Sangachal Terminal is one of the world's largest integrated oil and gas processing complexes. It is located 55 ...
$2,150
Asset Report
Ying zinc mine
A detailed analysis of the Ying Mining Camp zinc mine.
$2,250
