Tagged With Shi Weijun
19 September 2023
The special administrative region has introduced the fuel as part of its drive for carbon neutrality, but it will take years for imports to ramp up
18 September 2023
Pipeline problems, maturing fields, gas quality issues and territorial disputes threaten to erode Malaysia’s LNG exports
4 August 2023
Record domestic production and high imports contrast with weak economic growth to raise the question of how much more crude China can store
1 August 2023
The decades-long project needs new sources of gas, but territorial disputes with Malaysia are complicating matters
22 June 2023
The fuel has lost ground to coal and renewables but is seen as key to balancing needs for energy security with long-term efforts to decarbonise
19 June 2023
Rising domestic demand and the pressures of net zero are prompting the Southeast Asian country to look at limiting outflows of gas
5 June 2023
But none of the companies are poised to abandon oil and gas anytime soon
26 May 2023
Pipeline imports and domestic production gains may limit LNG take, but Russia and Central Asia uncertainty could prompt buying activity
10 May 2023
Incomplete price reforms pose problems for both upstream and downstream players and threaten further shortages
25 April 2023
Preferable nuclear and coal options suggest balanced Asian LNG market, at least over the summer
21 April 2023
Beijing likely to be unfazed by move amid growing alliance with Saudi Arabia
24 March 2023
Rise in imports may be more to do with stockpiling ahead of summer than actual increased consumption
16 March 2023
Weak prices support demand but mild weather, delayed gas projects, large reserves and nuclear alternatives set to blunt upturn
24 February 2023
Last year’s slip in gas consumption does not affect the outlook to mid-century
23 February 2023
The country had been poised to embrace LNG-to-power on a large scale
7 February 2023
From E&P to refining, the state-owned companies are well-positioned for growth and bumper profits
7 February 2023
But Beijing remains somewhat cautious in an attempt to avoid alienating the West
3 February 2023
The Asian giant’s LNG imports slumped last year but look likely to recover in 2023
2 February 2023
The signs point towards a comeback in 2023, but uncertainty around Covid remains a factor
30 January 2023
Opec+ and the IEA have both revised up 2023 forecasts for Chinese oil demand in recent weeks
9 January 2023
New regulations are likely to restrict an already limited pool of vessels capable of transporting gas
23 November 2022
Despite technical challenges and slow development times, storage capacity is expanding
21 November 2022
Party set-piece points to pursuit of balance between economic expansion and competing priorities such as risk management and zero-Covid
14 November 2022
Economic headwinds and little sign of colder weather suggest continuing weakness
26 October 2022
China has drastically cut its imports of US LNG this year, but Chinese buyers are still signing up for more volumes
24 October 2022
The normal quarterly uncertainty is more pronounced than usual, and the effect on the market may be delayed
20 October 2022
Beijing’s decision to expand the gas pipeline network linking it to Central Asia may threaten Russia’s eastern pivot
5 October 2022
Demand, rather than supply issues, could keep prices high next year
27 September 2022
Nuclear availability and the extent of low temperatures will decide how much LNG they will need for the months ahead
21 September 2022
Even potential government stimulus measures might not be enough to bolster demand
15 September 2022
Sufficient term-contract volumes and soft demand are insulating the country from the expensive spot LNG market
31 August 2022
The voluntary move demonstrates the growing distance between the US and China
30 August 2022
Extreme weather in the region means more headwinds for the Chinese economy
11 August 2022
China’s heavy reliance on energy imports means it too would be vulnerable in the event of armed confrontation
1 August 2022
East Asia’s power sector use may be poised to shrink from 2023, but demand for the fuel is expected to remain strong this year
28 July 2022
Economic difficulties mean the outlook for H2 remains highly uncertain despite planned stimulus measures
30 June 2022
Easing of Covid restrictions looks set to lead to surge in domestic travel
29 June 2022
The import-dependent nation is increasingly reliant on expensive spot LNG cargoes
27 June 2022
The three most prominent NOCs in Southeast Asia will play to their individual strengths as they seek to decarbonise, with each company looking to capitalise on opportunities in their local markets
6 June 2022
China’s energy imports have offered Russia a lifeline as Western sanctions bite
31 May 2022
The region’s shift from coal- to gas-fired generation will require additional strategies to meet ambitious carbon targets
26 May 2022
The 14th Five-Year Plan is underway, and the specific roadmap for gas is due later this year
5 May 2022
Beijing’s net-zero commitment means the refining and petrochemicals sector is likely to be included in the country’s ETS scheme sooner rather than later
29 April 2022
Europe’s accelerating effort to wean itself off Russian pipeline gas has pitted it against energy-hungry Asian buyers in the global LNG market
31 March 2022
China’s rebounding appetite for energy is being undermined by fresh lockdowns and quarantine measures
18 March 2022
The move away from fossil fuels will cap refinery capacity expansion in Asia-Pacific, but petrochemical demand gives the sector options
14 March 2022
China’s demand is set to increase again this year, but at a slower pace after hitting yet another record high in 2021
14 March 2022
The issue took centre stage at the Communist Party’s annual ‘two sessions’ meetings on economic policy for the year ahead
8 March 2022
Environmental approval marks significant progress for import scheme