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Power of Siberia 2: Deal or no deal?
There is a good strategic case for China to sign a deal for gas supplies via the proposed Power of Siberia 2 pipeline, but Beijing’s concerns around over-dependence on a single supplier and desire to drive down the price make it relatively unlikely a contract will be finalised this year
China creates two-tier oil dynamic
There is a bifurcation in the global oil market as China’s stockpiling contrasts with reduced inventories elsewhere
China’s oil output to scale new heights
New discoveries and stabilisation of legacy fields’ output have helped China reverse the decline and be a top-five producer in recent years
India to help Asia spearhead global refining
Shifting demand patterns leaves most populous nation primed to become downstream leader as China and the West retreat
US, Russia and China circle the Arctic
The strategic importance of vast untapped oil and gas reserves and key shipping routes has come in from the cold
Cheap gas key to unlocking new markets
Weaning poorer regions off coal means gas needs to be abundant and competitive longer term
Do not underplay China’s long-term gas growth narrative
A subdued market amid global trade tensions is just an aberration in gas’ upward trajectory
China’s critical gas position
China will play a huge role in driving gas demand, with its Qatar partnership crucial to this growth amid global structural challenges
Gas may be bridge fuel for centuries
Energy majors argue transition debate has started to factor in the complexities of demand shifts and the wider role for gas
China’s pragmatic coal-to-gas strategy
A cautious approach to coal-to-gas switching offers lessons to others who are looking to balance cost with cleaner energy
China Sinopec
Selwyn Parker
21 February 2017
Follow @PetroleumEcon
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China's new fuel standard

Under pressure, Sinopec launches cleaner Beijing Six gasoline

After years of foot-dragging, China's Sinopec began supplying Beijing with its new lower-emission Beijing Six grade of petrol and diesel during February. The capital's residents should breathe a little more freely. A breakthrough for China, the fuel is considered a world-class standard that draws on technology from the EU and US. "Beijing Six promises tremendous emission reductions for all types of conventional pollutants," notes the G20-funded consultancy, International Council on Clean Transportation (ICCT). The fuel is certainly a major advance on China Five, the current standard that is still being rolled out elsewhere in the country and is due to be available everywhere by the end of 20

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