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Two new LNG plants in Hami come online

Beijing (JLC), November 2, 2023--Hami Jurong and Hami Hongtong LNG plants came on stream recently, expanding LNG supply in northwestern China’s Xinjiang Autonomous Region.

11-02-2023 14:44:17

China's spot LNG supply extends falls from LNG terminals, plants

Beijing (JLC), February 8, 2021--LNG supply in China's spot market--LNG output from domestic LNG plants plus LNG imports loaded directly on trucks reached 4.14 bln cbm in January 2021, down by more than 12% month on month, but rising by over 25% from the same period in 2020.

02-08-2021 16:22:59

China's spot LNG supply in Dec falls from LNG terminals, plants

Beijing (JLC), January 21, 2021--LNG supply in China's spot market--LNG output from domestic LNG plants plus LNG imports loaded directly on trucks reached 4.41 bln cubic meters (cbm) in December 2020, down by 13.51% month on month, but rising by 9.32% from the same period in 2019, JLC data show.

01-21-2021 14:23:45

PetroChina to bring two ethane cracker plants online in 2021

Beijing (JLC), September 22, 2020--China’ state-controlled PetroChina plans to bring two ethane cracker plants online in the second half of 2021, raising its ethylene production capacity.

09-22-2020 17:39:02

China LNG plants’operating rates keep rising

Beijing (JLC), September 15, 2020--China LNG plants’ operating rates averaged 62.43% in the second week of September 2020, which had been rising from the fifth week of July, JLC data shows.

09-15-2020 16:52:45

PetroChina adopts new gas pricing for sales to western LNG plants

Beijing (JLC), May 21, 2020--PetroChina announced lately that it would change its gas pricing model for sales to western LNG plants as from May 20.

05-21-2020 16:37:13

China LNG plants' operating rate rises to 53.56%

Beijing (JLC), April 21, 2020--The operating rate of China’s LNG plants increased to 53.56% in the third week of April, ended April 17, compared with the 23.98% in the third week of February, JLC data shows.

04-21-2020 14:21:37

China LNG plants see operating rate rise as virus spread slows

Beijing (JLC)，March 23, 2020--The average operating rate at China’s LNG plants has picked up to 46.19% as of March 20, a rise of 22.21 percentage points from ten-day-ago level, JLC data shows, as the coronavirus epidemic is showing signs of easing in the country.

03-23-2020 17:39:39

China LNG plants slowly restart operation amid virus outbreak

Beijing (JLC), February 24, 2020--Several LNG plants in China resumed or are preparing to restart operation after shutdowns amid the coronavirus outbreak, as the LNG market shows signs of recovery.

02-24-2020 14:31:29

Many LNG plants halt operation in China as virus spreads

Beijing (JLC), February 5, 2020--China has seen 62 gas liquefaction plants suspend operation as of February 4, 28 more from January 22, as they grapple with the coronavirus outbreak, JLC survey shows.

02-05-2020 17:23:30

PetroChina to build two natural gas plants in Guangyuan in 2019

Beijing (JLC), July 9, 2019--PetroChina Southwest Oil & Gasfield Company is expected to build two natural gas purification plants in Guangyuan, southwest China’s Sichuan province in 2019, according to a company source.

07-09-2019 15:04:36

LNG plants in Huanggang, Hubei suspend sales, adding to supply shortage

LNG plants in Huanggang, Hubei suspended LNG sales on December 12th in response to the local government’s call to cut LNG supply to non-residential users. Industrial users and commercial users will bear brunt of the sales suspension, followed by heating-purposed households and schools.

12-13-2017 11:42:29

LNG plants operation becomes sluggish with LNG imports keeping rising

According to the data issued by the National Development and Reform Commission (NDRC), import volume of natural gas increased year by year in 2010-2016 period and the total import volume was predicted to reach above 70 billion m3, up by 8.36% YoY in 2016.

01-20-2017 15:21:36

LNG plants need to sharpen their competitive edge amid a supply glut

China natural gas industry has been undergoing adjustments after a 2013 boom, against a background of nationwide de-capacity campaign, and LNG plants need to upgrade and diversify their services to enhance their profitability.

06-22-2016 11:46:00

LNG plants in Northwest China get less pressure from delivery due to slipping output

Most LNG plants say that they deliver products with less pressure owing to ongoing output slip, which also eases inventories pressure. Although LNG price fails to grow significantly, less pressure from delivery stimulates the market slightly.

06-22-2016 11:04:43

Mounting price of crude oil glads deep procesing plants

Profit of deep processing units in April 22nd-April 28th was better than last week.

04-28-2016 17:20:04

Beijing to wipe out 300 high energy consuming plants in 2016

Beijing will phase out 300 heavily polluting and high energy consuming plants.

04-21-2016 16:26:02

High cost presses profits of deep processing plants

In March 11th-March 17th, profits of olefin deep processing unit monitored by JYD shrank and profits of isomerization unit had dropped below cost line. According to JYD, profits of alkylation unit in the week was CNY130/mt on average, down by 61.42%;

03-18-2016 15:04:14

Deep processing plants make a good beginning

February 12th-February 18th, 2016 witnessed lucrative profits among olefin deep processing units.

02-19-2016 16:02:43

Deep processing plants struggle to make a good beginning

According to JYD, gross profit of alkylation unit in January 29th-February 4th averaged at CNY116/mt, up by 200.5% week on week; isomerization unit lost CNY67.2/mt on average; aromatization unit lost CNY182.5/mt on average without any profits.

02-04-2016 17:39:27

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