News

40 million euros! EU Support for Germany's Construction of Natural Gas Receiving Stations [Attached Analysis of the Current Situation of LNG Receiving Station Industry]

Recently, the European Commission announced that it had approved a 40 million euro support measure according to the EU's national aid rules for the construction and operation of a new land-based liquefied natural gas (LNG) terminal in Brunsbüttel, Germany.

On July 21st, the National Energy Administration released the "China Natural Gas Development Report (2023)" (referred to as the "Report")

The Report shows that in 2022, China's natural gas exploration and development will make major breakthroughs in the fields of onshore ultra deep, deep water, Shale gas, and coalbed methane, and the national natural gas production will increase by more than 10 billion cubic meters for six consecutive years

Over 1.8 billion cubic meters! China National Offshore Oil Corporation's onshore unconventional natural gas production has reached a new high

On March 21, according to China National Offshore Oil Corporation, since November of last year, its China United Coalbed Methane Co., Ltd. (hereinafter referred to as Zoomlion) has transported more than 1.8 billion cubic meters of unconventional natural gas to Shanxi, Shaanxi and Hebei, an increase of 12% year on year. It is estimated that nearly 2 billion cubic meters of natural gas will be supplied in this supply assurance season, exceeding the supply assurance task and hitting a new record.

1600 households in Dazi District can now access natural gas

Deji New Village is located in Dagzê District of Lhasa City, which belongs to the relocation community of Targeted Poverty Alleviation. In 2017, 300 households relocated to Deji Xincun Community. I heard that the community is going to use natural gas, and the residents are both excited and happy. In order to help residents in the community master and understand how to use natural gas safely as soon as possible, staff have placed natural gas stoves in the community, and provided free gas safety publicity and home use training activities to residents. Bilingual gas safety operation manuals and precautions for gas stoves have been distributed on site.

US natural gas prices closed 5.6% higher on Tuesday driven by short covering

US natural gas futures prices closed up 5.6% on Tuesday to 2.348 US dollars/million British thermal unit, falling more than 3% earlier in the day to the lowest level since February 23, but the subsequent short covering made it rebound.