• Natural Gas News

    Sinopec Ramps Up Winter Gas Supplies

Summary

The company has stepped up local gas purchases as well as LNG imports.

by: Shardul Sharma

Posted in:

Complimentary, NGW News Alert, Natural Gas & LNG News, Asia/Oceania, Liquefied Natural Gas (LNG), Corporate, Exploration & Production, Import/Export, News By Country, China

Sinopec Ramps Up Winter Gas Supplies

Chinese state-run explorer Sinopec has supplied 21.36bn m3 of natural gas during the winter season spanning from November 15 to March 15, an increase of 25.3% year/year, it said on March 3. 

Most of the supplies came from fields such as PuguangYuanbaFuling, Weirong, and Daniudi, the company said. Sinopec has also increased purchases of LNG during the winter season. Since November 15, Sinopec has imported a total of 9.98bn m3 of LNG, an increase of 18% year/year. 

The company said its Tianjin and Qingdao import terminals handled record volumes in January this year.