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Russia's natural gas recovery reverses 22 to give way to the largest gas-producing country

Russia's natural gas production in 2009 was only 582.3 billion cubic meters, down 12.4% from 2008, according to figures released by the Russian Department of Energy January 15.  Russia has had to hand over the status of the world's largest gas-mining nation, which it seized from the US seven years ago, as it rose 3.7% to 624 billion cubic meters of gas in 2009. "This is the first time in history that the Russian gas industry has fallen sharply," said Gazprom. "In 2002, Russia started with 539 billion cubic meters of gas ...

Russia supports China-Central Asia natural gas pipeline project

Almaty, December 19 (Xinhua) Russia's First Deputy Prime Minister Shuvalov 19th in Almaty, Kazakhstan's largest city, said Russia supported the recent air link between Turkmenistan, Uzbekistan, Kazakhstan and China's China-Central Asia natural gas pipeline project. "The more refined and diversified the energy infrastructure of the CIS and Customs Union countries, the greater our contribution to global energy security," said Shuvalov, who accompanied Russian president Dmitry Medvedev to the informal meeting of CIS heads of State in Almaty. "Shu ...

PetroChina Hong Kong subsidiary intends to build liquefied natural gas plant

View the latest quotes January 22 Morning News, PetroChina (0857.HK) China (Hong Kong) Oil (0135.HK), said its wholly-owned subsidiaries to invest in Inner Mongolia to build a coke oven gas liquefied natural gas plant, the entire project estimated investment of 4.1 billion yuan.  PetroChina Hong Kong announced late Thursday that its non-wholly-owned subsidiary, CNPC Oil and gas Company Limited and the Wuhai government entered into an investment agreement, the two sides will invest in the construction of coke oven gas energy saving and emission reduction comprehensive utilization project to establish cooperative relations. According to the agreement, Wah Oil plan will be the amount of the investment ...

Last year, Sinopec's natural gas production rose nearly 50%

In 2010, the company produced 441.39 billion cubic feet (about 12.5 billion cubic meters) of natural gas, up 47.63% from a year earlier, according to production and operation Data released by Sinopec (600028).  According to Sinopec announced the audit of the 2010 production and operation Data, the company 2010 total production of crude oil 330 million barrels, a small increase of 0.05%. Data show that 2010 China petrochemical crude processing volume increased significantly 13.16%, to 211 million tons. Among them, the production of gasoline, diesel oil and kerosene were divided ...

Natural gas price of the first quarter of the loss of 20 million

Lu Tian (000912). SZ) today released a quarterly performance notice, the company in the first quarter attributable to the public shareholders of the net profit of about-20 million yuan ~-3000 million, the same period last year 8.75 million, the basic earnings per share of about-0.03 yuan ~-0.05 yuan, the same period last year 0.01 yuan/share.  April 13, the company's share price closed at 7.76 yuan, Rose 1.04%. For the first quarter of the losses, the company explained that the main raw gas prices rose. Company headquarters and holding subsidiaries of the production of natural gas factory benchmark price per cubic metre increase of 0.23 yuan, days ...

20th, natural gas was MPF

Cangzhou Dahua (600230) announced that because of the continued low temperature in north China, the residents with gas climbed sharply, in order to ensure the city and residents in north China Gas, PetroChina Co., Ltd. Huabei natural Gas Sales Branch in accordance with the "protection of civil, pressure industry" principle,  decided to stop from January 20 to Cangzhou Dahua supply of production of natural gas, only supply maintenance equipment to keep warm and residential heating gas, production gas will be based on resources and temperature conditions in north China to restore timely supply. Natural gas is the company's main raw materials and fuel, the cessation of the supply of natural gas will lead to the company's urea and nitric acid production plant shutdown ...

Memorandum of Understanding for China-Burma crude oil pipeline project signed

Xinhua Beijing, June 19 (reporter Zhang Anber) reporter 19th from CNPC, China Petroleum and Natural gas group, deputy general manager Lio Yongyuan and Myanmar Ambassador Lwin representatives both sides recently signed in Beijing, China National Petroleum Corporation and Union Of Myanmar Department of Energy on the development,  Memorandum of Understanding on the operation and management of the China-Myanmar crude oil pipeline project. According to the MOU, the China-Burma crude oil pipeline project includes crude oil pipelines, storage and transportation facilities and ancillary facilities from Burma's Made to the Chinese delivery point, and a ...

CNPC, Shell to explore gas in Qatar

The company announced yesterday that United Royal Dutch Shell had signed an exploration and production-sharing agreement with Qatar oil on gas in Qatar D-block. PetroChina and Shell accounted for 25% and 75% of the shares respectively, the two companies will jointly develop in Qatar Sea and land within 8089 square kilometers, near the city of La La block D.  The agreement is valid for 30, the first phase of exploration for 5 years, during which the two companies will conduct exploration technology research and other operations. Although under the agreement, Qatar may buy all the natural gas produced in block D, but the Vice Court of the School of Business Administration of PetroChina University ...

Sinopec new well Nissan broken 18,000 tons

Sinopec Northwest Oilfield Branch oil field Development zone new well capacity construction effect is remarkable, see yield reached 96%, Nissan crude oil first broken 18,000 tons, this 1-April, Northwest Oilfield Branch has accumulated production of 2.1102 million tons of crude oil, natural gas 409 million cubic meters. Our correspondent in Xinjiang should Jiang, intern reporter He Hui, correspondent Zong Gang Sinopec Northwest Oilfield Branch to strengthen scientific research and technical force, exploration area increased by 10 times times. In the field of exploration, 4 breakthrough projects and 2 reservoir-building projects are fully implemented (three-dimensional exploration and accumulation in Tahe oilfield and the middle of Junggar basin).

China-Central Asia gas pipeline ventilation three great benefits

Wen/Zhang China-Central Asia natural gas pipeline after 1.5 construction has recently achieved single line ventilation. Two-wire ventilation is expected in 2010. The initial annual capacity is about 5 billion cubic meters. The pipeline, which began on the border of Turkmenistan and Uzbekistan on the right bank of Darya, was entered into China from Alataw Shankou in central Uzbekistan and South Kazakhstan, becoming the "west-East Gas line". The total length of the pipeline is about 10,000 km, of which 188 kilometres long in Turkmenistan, 530 kilometres long in Uzbekistan, 1300 kilometres long in Kazakhstan and about 8000 kilometres in China ...

Qatar suggests gas prices linked to oil prices

Xinhua Kuwait, December 9 (Xinhua) Doha News: Qatar Emirhammad Alesani 9th in Qatar, the capital of Doha, the World Gas Exporting Countries Forum, the proposal to link the price of natural gas and international oil prices to change the status of low gas prices. "Since this year, international oil prices have rebounded, and gas prices have not, I hope this is a temporary phenomenon," said Hamad.  "He suggested that Member States analyze the causes of the large gap between gas prices and oil prices, and finally realize the mechanism of linked gas prices and oil prices." Qatar Energy Minister Attiya ...

Putin calls for EU to pay for Ukraine's gas money

Xinhua Beijing, November 3, according to the Russian new network 3rd reported that Russian Prime Minister Vladimir Putin once again called on the EU to help Ukraine to pay for Russian natural gas, and look forward to the Ukrainian side to strictly fulfill their contractual obligations. "Our Ukrainian partners have so far fulfilled their contractual obligations," Putin said after concluding talks with the Danish Prime Minister. We hope that these obligations will be fulfilled in the future.  He also said Europeans could lend a helping hand to Ukraine. Mr Putin said Russia had paid 2.5 billion of dollars for gas crossings. "Let Europe ...

China-Hong Kong counter-city micro-rise parent company to promote the vision of support

In Hong Kong, which expanded its natural gas business, the shares rose 0.17% to HK $5.77 earlier this morning, trading 130,000 shares, or boosted by the latest moves by parent companies to increase their shares. According to the Hong Kong Stock Exchange, on June 12 (Friday), the Chinese Petroleum Group (CNPC) increased its shareholding of HK $72.38 million to 12.4 million shares in Hong Kong at the average price of HK $5.837, from 57.15% to 58.01% in the earlier period. The parent company's increased holdings have spurred the prospect of further support for China's oil Hong Kong.

PetroChina cooperates with Shell to exploit natural gas resources

PetroChina yesterday sent an email confirming that PetroChina had signed a new exploration and production-sharing agreement with Qatar Oil and Shell, under which the three parties would jointly explore and produce gas in Qatar.  It is reported that the agreement is valid for 30, of which the first phase of exploration for 5 years, Shell as the operator will hold 75% of the stake, PetroChina holds a 25% stake. If exploration is successful, Shell and PetroChina will be able to exploit the gas under the supervision of Qatar's oil.  Under the agreement, Qatar Oil will buy all the gas that may be produced in Block D. PetroChina said ...

Australia and Japan sign 82 billion-dollar gas supply agreement

Xinhua Sydney December 6, AP Chevron oil Company and Tokyo Electric Power company recently signed a value of about 82 billion dollars of the agreement. Under the agreement, TEPCO can buy 4.1 million tonnes of liquefied natural gas a year for 20 years from Chevron Oil company.  Chevron Oil company's liquefied gas resources are from Australia. Australian State Of Western Australia Governor Colin Bannett 5th told reporters that the agreement could become Australia's largest export contract to date. He said the signing of the agreement shows what the Australian economy is going through ...

China, Russia to negotiate 100 billion-dollar energy contract

Absrtact: Twists's Sino-Russian gas cooperation has made new progress. Chinese President Hu Jintao has met with Russian President Dmitry Medvedev to sign a memorandum of understanding on cooperation in the field of natural gas.  Russia and China will hold intergovernmental consultations on specific cooperation in the energy sector in October, with a contract amount of $100 billion trillion, according to Russian sources. Twists China-Russia gas cooperation, has made new progress. Chinese President Hu Jintao has met with Russian President Dmitry Medvedev to sign a memorandum of understanding on cooperation in the field of natural gas. From the Russian side ...

Memorandum of Understanding for China-Burma crude oil pipeline project signed

Xinhua Beijing, June 19 (reporter Zhang Anber) reporter 19th from CNPC, China Petroleum and Natural gas group, deputy general manager Lio Yongyuan and Myanmar Ambassador Lwin representatives both sides recently signed in Beijing, China National Petroleum Corporation and Union Of Myanmar Department of Energy on the development,  Memorandum of Understanding on the operation and management of the China-Myanmar crude oil pipeline project. According to the MOU, the China-Burma crude oil pipeline project includes crude oil pipelines, storage and transportation facilities and ancillary facilities from Burma's Made to the Chinese delivery point, and a ...

PetroChina Group intends to import spot liquefied gas

While domestic energy giants are accustomed to long-term agreements to secure stable and preferential gas resources, CNPC intends to import spot liquefied gases to ensure supply.  Yesterday, the oil group learned that PetroChina Group intends to borrow CNOOC's Shanghai liquefied natural gas (LNG) receiving station to import spot LNG to increase the supply of natural gas in China, easing the spread of "gas shortage" in many regions of China. PetroChina has not imported LNG, although it is planning to build a coastal LNG receiving station, and to engage overseas LNG resources, but PetroChina's LNG receiving station has not yet ...

PetroChina into Australia LNG company major shareholder

According to China Oil and gas group, January 27, China Petroleum Group Global Engineering Company to subscribe to Australia liquefied Natural Gas 2¥q (LNG Co., Ltd.) part of the Framework agreement signing ceremony held in Beijing. Global engineering Company has become the largest shareholder of LNG Co., Ltd. after the purchase of shares of about 19.9% of the common shares issued by LNG Co., Ltd.  PetroChina did not disclose the amount of the deal. Global engineering Company is the China Petroleum and natural gas group belongs to the collection consulting, research and development, design, procurement, construction management, set ...

China Chemical signed 1.47 billion yuan contract

China Chemistry (601117) March 2 Evening announcement, the company's wholly-owned holding company China Tian Chen Engineering Company and PetroChina Natural Gas Co., Ltd. recently signed Wuhai Coke oven Gas comprehensive utilization of energy-saving emission reduction Project EPC contract, the total duration of the contract is 18 months, the contract amount is 1.47 billion yuan.

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