(This Nov 29 story corrects spelling of IHS "Markit" in paragraph 28, not "market".)
HARBIN, China/SINGAPORE/MOSCOW Across China's coal-burning northeastern provinces, pipelines are being laid, contracts signed and coal-fired boilers ripped out ahead of the arrival next week of the country's first piped natural gas from Russia.
SINGAPORE China's Sinopec Corp is set to launch a new $5.7 billion refining and petrochemical complex in the south of the country in second-quarter 2020 using crude oil from Kuwait as a key feedstock, industry officials with knowledge of the matter said.
SINGAPORE, Nov 20 China's Sinopec Corp is set to
launch a new $5.7 billion refining and petrochemical complex in
the south of the country in second-quarter 2020 using crude oil
from Kuwait as a key feedstock, industry officials with
knowledge of the matter said.
SINGAPORE China's Sinopec Corp plans to build a fleet of 100 barges over the next three years to supply marine fuel compliant with new global emission standards, said a Chinese shipping executive with direct knowledge of the matter.
BEIJING/SINGAPORE China's natural gas demand is expected to expand at half the rate this winter compared to a year earlier, as Beijing slows its gasification push due to a weaker economy and competition from cheaper coal, state oil officials said on Friday.
* China Oct gas imports in first yr/yr decline in 3 years
(Adds demand growth comparison; comment on subsidies)
SINGAPORE/BEIJING China's crude oil imports in October rose 11.5% from a year earlier to a record high, customs data showed on Friday, as new refineries bolstered demand and small independent plants maintained throughput amid steady refining margins.
* Oct gas imports -10.6% on yr, first yoy fall since Nov
SINGAPORE China's Suntien Green Energy Co. Ltd , a wind power producer and piped gas distributor, plans to build a $1 billion liquefied natural gas (LNG) receiving terminal in north China by end-2022, after its investment plans won state approval, a company official said.