Cold weather strains Beijing＇s natural gas supply

The volume of natural gas consumption in Beijing Municipality is now close to the city＇s maximum supply capacity due to the colder： than-expected winter, State media reported on Jan. 9.     

Sinopec denies Addax Petroleum deal

The construction of pipelines that will transport oil and gas to China via Myanmar will begin in full swing in September, an insider from PetroChina said on June 16.     

China＇s natural gas shortage relieved

The situation of gas shortage has been eased, the Development and Reform Commission （NDRC）, China＇s top economic planner, said in a statement posted on its website on November 23.     

ENERGY

Sichuan-Shanghai gas pipeline to start up in May The Sichuan-Shanghai gas pipeline, operated by China Petrochemical Corp. (Sinopec Group),is scheduled to start operation in May,state media reported on March 11. Sinopec Group senior advisor Zhou Yuan said that the 1,660-kilo-     

Second West-east Gas Pipeline Expected

The country is planning to build a second natural gas pipeline from its western regions to the southern province of Guangdong in a bid to reduce its reliance on coal and oil, domestic media said. The pipeline, which is expected to connect the gas-rich Xinjiang region to energy-guzzling Guangzhou, capital of prosperous Guangdong Province, is ex-     

Sinopec Signed the Contract with Total to Develop Ordos Basin

Sinopec signed the contract of natural gas developing and producing in Suligenan Region of Ordos Basin with To tal and also the Memorandum of Understanding on Natural Gas Sales. It is said that the reserves in this region were over 100 billion cubic meters. This region is situated at the main lines of West-East natu-     

CNOOC may acquire ＇large＇ stakes in Nigerian oil

China National Offshore Oil Corp （CNOOC）, the nation＇s third largest oil and gas producer, is in talks with Nigeria to acquire large stakes in some of the world＇s richest oil blocks, the Financial Times reported Sept 30.     

China. Australia ink S41B gas deal

Australia and China struck their biggest trade deal ever on August 18 as the world＇s two most valuable listed oil companies, Exxon Mobil and PetroChina, agreed a US$41 billion liquefied natural gas deal.     

Building Energy Conservation Presents both Demand and Market

“Building energy conservation presents both demand and market,”said Yao Bing,deputy director of China Energy-saving Association,on the Sixth Overseas Investment Forum for Chinese Enterprises which has ended recently.It is estimated that the global demands for environmental-protecting products and services have reached 1.3 trillion USD.As the scientific consensus of reducing greenhouse gas emission is translating into real actions,the world economy is undergoing a remarkable transformation into low-carbon development model.     

On the Development of China's Land Oil Industry

Mr. Wang Tao, President of the China National Oil and Natural Gas Corporation, briefed this reporter on his thoughts on the development of China's land oil industry. From the present to the turn of the century, said Wang Tao, is a critical period in the reform and development of the land oil industry in China. Our basic thoughts on the development of China's land oil industry from now on are: to blaze a new trail of better commercial efficiency and rapid development by making economic efficiency upgrading the aim, and oil and gas production and operation the main