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Bad omens for Chinese oil demand
Sino-US trade tensions could see crude consumption crumble despite recent buying behaviour
The many faces of China’s oil demand
While economic weakness and the electric vehicles trend have hit oil demand growth, petrochemicals and jet fuel show more nuanced changes across the barrel
China’s oil majors making gas shift
PetroChina, Sinopec and CNOOC are aiming to rebalance their energy mixes but face technically difficult deepwater and shale task
Taiwan’s energy dependencies laid bare
Renewed China tensions threaten island’s inflows of oil and gas from overseas
Oil and gas industry beats demand drum
Bearish market sentiment and bullish long-term outlook for oil and gas consumption prevails at CERAWeek
China may not maintain record gas demand
Gas auctions underperform, signalling a slow start to 2025 after bumper 2024
US-China trade war will have limited impact
Tariffs likely to compound already weakening energy flows between economic powerhouses and lead to trade being rerouted
Hydrocarbon Processing Refining Databook 2025: Asia-Pacific
A burgeoning middle class is boosting demand for refining capacity in Asia, with China leading the way and India also with many projects underway
Chinese refiners face moment of truth
Changing oil demand patterns mean different downstream economics amid switch to naphtha, LPG and other petrochemicals
Myanmar LNG import terminal back on table
Growing appetite for LNG reinvigorates discussions between China and Myanmar, but civil war may prevent talk becoming action
China wants to boost domestic oil and gas production, but self-sufficiency may prove elusive
Opinion
China Coal
Shi Weijun
Beijing
28 April 2021
Follow @PetroleumEcon
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Letter from China: Coal phase-out raises energy security risk

Coal’s long goodbye means Beijing will need to brace for reduced energy security

President Xi Jinping’s commitment to start curbing coal consumption after 2025 means the beginning of the end for China’s coal era is finally in sight.  Xi pledged at the White House’s climate summit in April that China would “strictly control coal-fired power generation projects and strictly limit the increase in coal consumption” through to 2025, before ramping down coal use from 2026-2030. The timeline is later than many climate-change activists had hoped, but nevertheless represents a major turnaround for the world’s largest coal consumer. 202.5bn m³ – China’s 2021 gas target China has been making steady, if slow, progress on reducing coal as a percentage of its energy mix.

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