Insight

Weak gas demand forcing a shift in Chinese NOC supply strategy

This report is currently unavailable

This report is currently unavailable

Get this Insight as part of a subscription

Enquire about subscriptions

Already have a subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Submit your details to receive further information about this report.

  • An error has occurred while getting captcha image
For details on how your data is used and stored, see our Privacy Notice.
 

Report summary

Facing a dramatic slowdown in Chinese gas demand and a supply glut, China’s NOCs are using three levers to optimise supply and minimise losses. Firstly, restricting domestic capex in more expensive projects. Second, PetroChina will hold pipeline imports down to Take or Pay levels. Finally, all three NOCs will seek to maximise contracted LNG volumes into the domestic market, particularly as delivered prices look competitive against City Gate tariffs.

What's included

This report contains

  • Document

    Weak gas demand forcing a shift in Chinese NOC supply strategy

    PDF 605.13 KB

Table of contents

Tables and charts

This report includes 8 images and tables including:

Images

  • China's key pipeline and LNG regasification infrastructure
  • Chart 1: Wood Mackenzie H2 2014 Supply Outlook vs H1 2015 Demand Outlook (2014-2019)
  • Chart 7: Wellhead prices vs Brent (2014-2019)
  • Chart 8: Gas production by company (2014-2019)
  • Chart 2: Contracted LNG & Monthly LNG demand
  • Chart 3: China LNG prices vs Shanghai city gate price
  • Chart 5: Central Asia imports - H2 2014 vs H1 2015
  • Chart 6: Central Asia delivered gas prices vs LNG

You may be interested in

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898