China Gas

China Continuing to Boost Domestic Natural Gas Production From Top Fields

China Continuing to Boost Domestic Natural Gas Production From Top Fields

Oil and natural gas output from two of China’s leading fields again crept upward last year, according to reports that cited data from China National Petroleum Corp. (CNPC) and China Petroleum and Chemical Corp. (Sinopec). Oil and gas production in the Tarim Oilfield, China’s largest ultra-deep onshore play, hit a record 33.1 million tons (Mt)…

January 5, 2023
NextDecade Nets 1 MMty Contract with China Gas, Continuing ‘Acceleration’ of Offtake Agreements

NextDecade Nets 1 MMty Contract with China Gas, Continuing ‘Acceleration’ of Offtake Agreements

NextDecade Corp. announced its third long-term contract with a Chinese company for liquefied natural gas (LNG) offtake as it prepares to possibly sanction the first two trains of its Rio Grande LNG project this year. Houston-based NextDecade disclosed Tuesday it has clinched a 1.0 million metric ton/year (mmty), 20-year sales and purchase agreement (SPA) with…

July 5, 2022