On 21st May 2014 CNPC and Gazprom finally signed the deal that commits Gazprom to export by pipeline to China 38 billion cubic metres of gas per year for 30 years. At a total contract value of US$ 400 billion, … Continue Reading ››
Category Archives: Commentary
Commentary
China’s nuclear energy strategy is ambitious and global
At home, an ever-increasing number of nuclear power plants are under construction, the two large nuclear power companies are planning IPOs to raise funds for this investment, and the government has accelerated research to develop thorium reactor … Continue Reading ››
When will China’s national oil companies rationalise their overseas investment portfolios?
Over the last 20 years, China’s national oil companies (NOCs) have invested close to US$200 billion in overseas oil and gas assets across more than 50 countries. Most involve oil and gas exploration and production. A … Continue Reading ››
Tentative steps to reforming China’s national oil companies
One of the stated priorities of China’s new government is to increase the role of market forces in those sectors where they are weak. Energy is one of these sectors and the main target so far has been the oil and gas industry. The national oil companies (NOCs), … Continue Reading ›› China’s rush to synthetic natural gas: How long will it last?
The rush to SNG promises cleaner air for the cities in the east, but threatens water supplies and boosts GHG emissions.
China’s new carbon trading experiments
China has launched markets for trading carbon emissions, but will they reduce emissions efficiently?
Third Plenum’s plans for China’s energy sector
The Party's Third Plenum sets a vague agenda for energy sector reform
China gas supply: stranded between the plan and the market
The imminent shortfall of gas supply reflects seasonal and medium-term challenges.
China’s new pollution control plan. New weapon or paper tiger?
China's new government has issued a comprehensive pollution control plan with tough targets for 2017.
China’s national oil companies: will the purge lead to reform?
The purge of senior oil company officials has led to speculation that this may be followed by industrial reform.