The last few months have seen a great deal of press speculation about Chinese government plans to reform its national oil companies (NOCs) and the NOC’s own plans to attract co-investors. It is still not clear whether the NOCs face wholesale restructuring or just incremental reforms. Either way, the … Continue Reading ››
China’s unconventional gas production: slow but steady progress
Natural gas is set to play an important role in China’s switch away from coal. Last year, gas consumption reached 185 billion cubic metres (bcm), or just over 6% of total primary energy consumption. Of this, 30% was imported, as … Continue Reading ››
The current low level of international energy prices will not only affect China’s macro-economy and its domestic energy sector, as discussed in last month’s column, but it will also have some consequences for the country’s international engagement in the energy arena.
Whilst low prices have the potential to reduce the country’s … Continue Reading ››
The drop in oil prices is good news for China, but poses some questions relating to gas policy.
By the second week of December 2014, international prices for crude oil had fallen to just above US$ 60 per barrel, 40% down from their levels of … Continue Reading ››
On 23rd June 2014 Philip Andrews-Speed gave a talk on “The Future for Gas in China” to the Breakfast Club of the British Chamber of Commerce in Singapore
China’s gas production has doubled over the last 7 years, but demand is growing even faster. … Continue Reading ››
From 7-12 April 2013 Philip was in Hanoi, Vietnam
On 4th March 2013, I was in Dublin to give a talk on this topic at the Insititute of International and European Affairs