In 2019, the three nations collectively imported nearly 51% of global LNG supplies.
Read More »Russia’s Gazprom Eyes Capacity Increase on China Gas Export Link
Russia’s Gazprom is working to boost the capacity of its landmark gas pipeline to China — the Power of Siberia — as it looks to ramp up flows via the line. The pipeline, whose design capacity is 38 Bcm/year, started commercial flows at a rate of some 10 million cu …
Read More »China’s Recovering Wind Industry Stands to Lose 2GW of Power Generation in 2020
Research states that halted production along with supply and logistics issues could lead to order delays.
Read More »China, UNIDO to Finance Covid-19 Medical Waste Management Project in Iran
The United Nations Industrial Development Organization (UNIDO) in cooperation with the government of China will jointly finance a project for medical waste management in Iran during the coronavirus outbreak in the country. The project will cost more than one million euros which will be totally provided by UNIDO and China, …
Read More »China Sees Power Demand Dip Lower than in 2008 Recession
The first two months of the year saw a 7.8% decline in power demand as a result of industrial and commercial stagnation.
Read More »LNG Demand to Dip in Japan, China, South Korea
Liquefied natural gas (LNG) demand is expected to drop in 2020 in China, Japan and South Korea, the three biggest importers of LNG in the world, Kallanish Energy reports That assessment was released on Tuesday by the Independent Commodity Intelligence Services (ICIS). It is forecasting that China 2020 LNG imports …
Read More »China Resumes LNG Imports from the US
Chinese buyers have resumed imports of liquefied natural gas (LNG) from U.S. exporters, as Beijing started granting waivers to a 25% import tariff. Last month the Chinese government commenced a process to award tax waivers to some LNG buyers. The exemptions would last for a year and allow importers to …
Read More »China Three Gorges Eyes $3.5 Billion IPO with Renewables Listing
State-owned China Three Gorges Renewables Group Co. is seeking to raise 25 billion yuan ($3.5 billion) in what could be one of the country’s biggest initial public offerings this year. The company plans to sell as many as 8.57 billion shares in Shanghai, according to a prospectus posted on the …
Read More »China Starts Buying Oil for State Reserves after Price Crash
China is moving forward with plans to buy up oil for its emergency reserves after an epic price crash, according to people with knowledge of the matter. The world’s biggest importer is taking advantage of a 60 per cent plunge this year to snatch up cheaper barrels for its stockpiles, …
Read More »China’s Air Treatment Market to Reach $6bn Revenue Due to Coronavirus
Improving outdoor air quality in China is said to be reducing demand for air treatment systems across the country.
Read More »