China LNG Market 2021 - brochure

M a r k e t I n t e l l i g e n c e . C o n s u l t i n g

C h i n a L N G M a r k e t D e m a n d & S u p p ly A n a ly s i s , B y E n d - U s e r, B y L N G Te r m i n a l s Fo r e c a s t a n d

O p p o r t u n i t i e s , 2 0 1 1 – 2 0 2 1

P r o d u c t D e f i n i t i o n

2

© TechSci Research

Liquefied Natural Gas (LNG) value chain starts from exploration and production (including processing), from

where natural gas is supplied to liquefaction plant, and then loaded into LNG tanker to be supplied to various

destinations. Post purchase, LNG is re-gasified or stored and supplied to consumers.

Liquefied Natural Gas Value Chain

Field Development Liquefaction Plant LNG Tankers

Unloading of LNG TankersReceiving Terminal

(Storage & Vaporization)

Distribution Systems through Pipelines

Dedicated Pipeline Consumers

LNG Supplied by Trucks

Liquefied Natural Gas (LNG) is basically natural gas (predominantly methane, CH4) that is converted into liquid

form through a process called liquefaction. In this process, the dry natural gas is converted into liquefied

natural gas at –162°C. When liquefied, volume of natural gas shrinks by 600 times the original volume

thereby, allowing easy flow of natural gas through ships and trucks.

T a b l e o f C o n t e n t s

S. No. Contents

1. Product Definition

2. Research Methodology

3. Analyst View

4. China Natural Gas Outlook

4.1. China Natural Gas Reserves

4.2. China Natural Gas Production

4.3. China Natural Gas Consumption

4.4. China Natural Gas Imports- By Cross Country Pipelines

4.5. China Liquefied Natural Gas Imports

5. China Natural Gas Consumption Overview

6. China Natural Gas Consumption Overview- By End-Users

6.1. China Natural Gas Demand-Supply in Industrial Sector

6.2. China Natural Gas Demand-Supply in Residential Sector

6.3. China Natural Gas Demand-Supply in Power Sector

6.4. China Natural Gas Demand-Supply in Transportation Sector

7. China Natural Gas Consumption Overview- By Regions

7.1. East China Natural Gas Demand Supply Scenario

7.2. North China Natural Gas Demand Supply Scenario

7.3. South China Natural Gas Demand Supply Scenario

7.4. West China Natural Gas Demand Supply Scenario

8. China LNG Demand Outlook

9. China LNG Consumption Overview© TechSci Research

3


S. No. Contents

9.1. China Supply Scenario for Imported LNG & Domestic LNG in Industrial Sector

9.2. China Supply Scenario for Imported LNG & Domestic LNG in Power Sector

9.3. China Supply Scenario for Imported LNG & Domestic LNG in Residential Sector

9.4. China Supply Scenario for Imported LNG & Domestic LNG in Transportation Sector

10. China LNG Consumption Overview- By Regions

10.1. East China Supply Scenario for Imported LNG & Domestic LNG

10.2. North China Supply Scenario for Imported LNG & Domestic LNG

10.3. South China Supply Scenario for Imported LNG & Domestic LNG

10.4. West China Supply Scenario for Imported LNG & Domestic LNG

11. Existing LNG Terminal Overview in China

11.1. Dalian LNG Terminal

11.1.1. Dalian Terminal LNG Demand Analysis (By End User)

11.1.2. Dalian Terminal LNG Supply Analysis (By End User)

11.1.3. Dalian Terminal LNG Demand Supply Gap Analysis (By End User)

11.1.4. Terminal Overview

11.1.5. Expansion Plans

11.2. Guangdong Dapeng, Shenzhen LNG Terminal

11.2.1. Guangdong Dapeng, Shenzhen Terminal LNG Demand Analysis (By End User)

11.2.2. Guangdong Dapeng, Shenzhen Terminal LNG Supply Analysis (By End User)

11.2.3.Guangdong Dapeng, Shenzhen Terminal LNG Demand Supply Gap Analysis (By End User)

© TechSci Research

4


S. No. Contents


11.3. Dongguan, Guangdong province LNG Terminal

11.3.1. Dongguan, Guangdong Province Terminal LNG Demand Analysis (By End User)

11.3.2. Dongguan, Guangdong Province Terminal LNG Supply Analysis (By End User)

11.3.3.Dongguan, Guangdong Province Terminal LNG Demand Supply Gap Analysis (By End User)


11.4. Fujian (Putian) LNG Terminal

11.4.1. Fujian (Putian) Terminal LNG Demand Analysis (By End User)

11.4.2. Fujian (Putian) Terminal LNG Supply Analysis (By End User)

11.4.3. Fujian (Putian) Terminal LNG Demand Supply Gap Analysis (By End User)


11.5. Hainan LNG Terminal

11.5.1. Hainan Terminal LNG Demand Analysis (By End User)

11.5.2. Hainan Terminal LNG Supply Analysis (By End User)

11.5.3. Hainan Terminal LNG Demand Supply Gap Analysis (By End User)


11.6. Qingdao LNG Terminal

11.6.1. Qingdao Terminal LNG Demand Analysis (By End User)

11.6.2. Qingdao Terminal LNG Supply Analysis (By End User)

11.6.3. Qingdao Terminal LNG Demand Supply Gap Analysis (By End User)© TechSci Research

5


S. No. Contents


11.7. Rudong, Jiangsu LNG Terminal

11.7.1. Rudong, Jiangsu Terminal LNG Demand Analysis (By End User)

11.7.2. Rudong, Jiangsu Terminal LNG Supply Analysis (By End User)

11.7.3. Rudong, Jiangsu Terminal LNG Demand Supply Gap Analysis (By End User)


11.7.5. Expansion Plans

11.8. Shanghai (Yangshan) LNG Terminal

11.8.1. Shanghai (Yangshan) Terminal LNG Demand Analysis (By End User)

11.8.2. Shanghai (Yangshan) Terminal LNG Supply Analysis (By End User)

11.8.3.Shanghai (Yangshan) Terminal LNG Demand Supply Gap Analysis (By End User)


11.9. Tangshan (Caofeidian) LNG Terminal

11.9.1. Tangshan (Caofeidian) Terminal LNG Demand Analysis (By End User)

11.9.2. Tangshan (Caofeidian) Terminal LNG Supply Analysis (By End User)

11.9.3.Tangshan (Caofeidian) Terminal LNG Demand Supply Gap Analysis (By End User)


11.10. Tianjin FSRU LNG Terminal

11.10.1. Tianjin FSRU Terminal LNG Demand Analysis (By End User)

11.10.2. Tianjin FSRU Terminal LNG Supply Analysis (By End User) © TechSci Research

6


S. No. Contents

11.10.3. Tianjin FSRU Terminal LNG Demand Supply Gap Analysis (By End User)


11.11. Zhejiang, Ningbo LNG Terminal

11.11.1. Zhejiang, Ningbo Terminal LNG Demand Analysis (By End User)

11.11.2. Zhejiang, Ningbo Terminal LNG Supply Analysis (By End User)

11.11.3. Zhejiang, Ningbo Terminal LNG Demand Supply Gap Analysis (By End User)


11.12. Zhuhai (Gaolan) LNG Terminal

11.12.1. Zhuhai (Gaolan) Terminal LNG Demand Analysis (By End User)

11.12.2. Zhuhai (Gaolan) Terminal LNG Supply Analysis (By End User)

11.12.3. Zhuhai (Gaolan) Terminal LNG Demand Supply Gap Analysis (By End User)


12. Under-Construction LNG Terminals in China

12.1. Beihai, Guangxi LNG Terminal


12.2. Shenzhen (Diefu) LNG Terminal


12.3. Tianjin (Sinopec) Phase 1 LNG Terminal

12.3.1. Terminal Overview© TechSci Research

7


S. No. Contents

12.4. Yuedong (Jieyang) LNG Terminal

12.4.1 Terminal Overview

12.5. Tianjin (onshore) LNG Terminal


12.6. Yantai, Shandong Phase 1 LNG Terminal


12.7. Fujian (Zhangzhou) LNG Terminal


13. Proposed LNG Terminal in China

14. China LNG Investment Scenario

15. China LNG Contracts

16. China SSLNG Market Overview

17. Pricing Analysis

17.1. China Natural Gas Pricing Analysis

17.2. China Liquefied Natural Gas Pricing Analysis

17.3. Pricing Analysis of Cross Country Pipelines

18. Pipeline Infrastructure Development in China

19. Policy & Regulatory Landscape

19.1. Natural Gas Policy & Regulatory Landscape

19.2. End Users - Policy & Regulatory Landscape© TechSci Research

8


S. No. Contents

20. Market Dynamics

20.1. Drivers

20.2. Challenges

21. China Economic Profile

22. Strategic Recommendations

23. About Us & Disclaimer

© TechSci Research

9

R e s e a r c h M e t h o d o l o g y

10

© TechSci Research

OBJECTIVE: The primary objective of the study is to understand the market scenario for LNG and demand-supply

pattern of existing LNG terminals in China.

APPROACH & SOURCES: In order to extract, analyze and project a reliable demand and supply scenario for

LNG in China, both top down and bottom up approaches were used. Multiple employees from the following

companies have been interviewed through telephonic and face to face meetings, in order to extract and verify

collected information.

Companies Interviewed

China National Offshore Oil Corporation (CNOOC) China National Petroleum Corporation (CNPC)

Sinopec JOVO Gas Technology Co., Ltd

ENN Energy Holdings Limited Guangdong Dapeng LNG Company Ltd.

TechSci Research has scrutinized various published documents from following key sources to fill data gaps

and verify information collected through primary research surveys.

Secondary Sources

BP Statistical Review ENN Energy Holdings Limited

U.S Energy Information Administration World Bank

National Bureau of Statistics of China Oxford Energy

Global Energy China National Petroleum Corporation (CNPC)


11

© TechSci Research

In the beginning of China LNG market study, a brief study was conducted to understand each and every aspect

of China LNG market. Moreover, an in-depth analysis was conducted to understand natural gas demand-supply

scenario as well as LNG supply.

Subsequently, a detailed scrutiny of end user sectors and regional markets of natural gas and LNG in China was

done. Impact of under-construction LNG terminal projects and cross country pipelines was also considered and

assessed.

The study has been carried out considering various aspects of China LNG market:

Secondary Sources Contd.

International Group of Liquefied Natural Gas Importers Guangdong Dapeng LNG Company Ltd.

JOVO Gas Technology Co., Ltd International Gas Union

Royal Vopak N.V. Provincial DRC and Price Administrations

Federal Energy Regulatory Commission China Customs

MIT Joint Program Report National Development & Reform Commission

China National Offshore Oil Corporation (CNOOC) Sinopec


12

© TechSci Research

In order to extract data for China LNG market, primary research surveys were conducted with key end user

sectors and LNG terminal operators to understand historical and present trends. However, for forecasting China

LNG market, the following assumptions were made -

1. Growing natural gas consumption in industrial and power sectors was used to estimate future demand for LNG

in China.

2. Growing peak shaving demand for natural gas in winters from power plants and residential sector has been

utilized to forecast demand for LNG in China.

3. Government pricing policies and their impact on the country’s LNG market has also been considered.

Considering these assumptions, our dedicated team of industry experts has comprehensively monitored and

analyzed various aspects of China LNG market. The team has analyzed various end user sectors and speculated

a positive outlook for China LNG market. Taking into consideration developments of LNG terminals, energy

efficiency investments, government support towards clean & green energy, policies and regulations, etc., our

team of analysts provided a prudent analysis of the industry’s performance in the future.

I n d u s t r y B r i e f

13

China LNG Imports to Grow at CAGR 15% till 2021

Growing demand from power, industrial, residential and transportation sectors, and rising concerns over increasing carbondioxide emissions to drive China LNG market through 2021

According to TechSci Research report “China LNG Market Demand & Supply Analysis, By End-User, By LNG TerminalsForecast and Opportunities, 2011 – 2021”, the market for LNG imports to China is projected to grow at a CAGR of over15% during 2016 - 2021, on account of increasing peak demand from residential consumers for space heating and risingdemand from integrated LNG power plants. China National Petroleum Corporation (CNPC), a state-owned oil & gascorporation, is the largest integrated oil & gas company in China. The company dominates onshore pipelines business in thecountry and also operates through cross-country pipelines - Central Asia-China Pipeline and China-Myanmar Pipeline.

Increasing natural gas consumption and limited natural gas production is boosting demand for liquefied natural gas (LNG) inthe country. In 2014, LNG imports accounted for around 46% of the country’s total natural gas imports, making China thethird largest importer of LNG in the world, after Japan and Korea. Major consumers of LNG in China include power,industrial, residential and transportation sectors. Industrial sector is one of the largest natural gas consumer in China owingto increasing demand from smelting & pressing of ferrous metals, petrochemical plants, petroleum processing, coking andprocessing of nuclear fuel and petrochemical plants. China LNG market is mainly dominated by national oil companies suchas China National Offshore Oil Corporation (CNOOC), China National Petroleum Corporation (CNPC), Sinopec and theirsubsidiaries. The highest regional demand for LNG is forecast to emanate from East China, due to rising LNG consumptionfrom industrial, power and petrochemical sectors in the region.

“Government of China prioritized expansion of natural gas based power plants, on account of growing air pollution andrising greenhouse gas emissions. This is boosting installation of new natural gas based power plants along with LNGterminals, especially in Guangdong and Shanghai provinces of the country. In order to reduce coal consumption, Beijing hasalready replaced four major coal-based power plants with natural gas. In the coming years, the government is planning toreplace all coal based power plants in the country with natural gas based power plants. This shift towards natural gas basedpower plants is forecast to propel growth in natural gas exploration and production, as well as augment China’s LNG importsin the coming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global managementconsulting firm.

http://www.techsciresearch.com/report/china-lng-market-demand-supply-analysis-by-end-user-by-lng-terminals-forecast-and-opportunities-2011-2021/693.html

S a m p l e D a t a - S n a p s h o t

10 20 30 40 50 60 70 80 90 100110

China Natural Gas Imports, By Cross Country

Pipelines, By Volume, 2011-2021F (BCM)

© TechSci Research

14

China Natural Gas Demand-Supply,

2011-2021F (BCM)

2011 2012 2013 2014 2015E 2016F 2017F 2018F 2019F 2020F 2021F

20 30 40 50 60 70 80 90 100 110 12015

30 45 60 75 90 105120 135 150 165

11 2233 44 55 66 77

88 99110 121

816 24

324… 48

5664 72

8088

10 2030

4050

6070

8090

100 110

Natural Gas Demand

9.0 8.0 7.0 6.0 5.0 4.0

8.0 7.0 6.0 5.0 4.0 3.0

7.0 6.0 5.0 4.0 3.0 2.0

6.0 5.0 4.0 3.0 2.0 1.0

10.0 9.0 8.0 7.0 6.0 5.0

2013 2014 2015E 2016F 2017F 2018F

Developing East Asia and Pacific Developing economies East Asia and Pacific, excl. China World China

Global Real GDP Growth Rate, By Region, 2013-2018F (%)

10 20 30 40 50 60 70 80 90 100

110

120

130

140

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

China Total Installed Power Generation

Capacity, 2000-2013 (Million KW)

North China Domestic Natural

Gas Demand Share, By End User,

By Volume, 2015

25.00%

25.00%

25.00%

25.00%

IndustrialSector

PowerSector

ResidentialSector

Transportation Sector

China Liquefied Natural Gas Imports, By

Volume, 2011-2021F (BCM)

10 20 30 40 50 60 70 80 90 100 110

China Liquefied Natural Gas Imports

Share, By Country, By Volume, 2014

Qatar, 13.00%

Australia, 13.00%

Malaysia, 13.00%

Indone…Yemen, 13.00%

Equatorial

Guinea, 13.00%

Nigeria, 11.00%

Others

Papua New …Algeria, 9.00%

Other Europe*, 9.00%

Angola, 9.00%

Russian …

Oman, 9.00%

Norway, 9.00%

Egypt, 9.00%

Trinidad &

Tobago, 9.00%

Brunei, 9.00%

South Korea*, 10.00%

Others X%

South China Domestic Natural Gas Demand

Share, By End User, By Volume, 2015

Industrial Sector, 25%

Power Sector, 25%

Residential Sector, 25%

Transportation …

R e p o r t O r d e r i n g

To View Sample OR Purchase Report

Report Price

Report Name: China LNG Market Demand & Supply Analysis, By End-User, By LNG

Terminals Forecast and Opportunities, 2011 – 2021

License Type Price

Electronic Access - Single User License $2500

CD-ROM Mail Delivery $3000

Hard Copy Mail Delivery $3500

Electronic Access - Multi-User License $5000

15

https://www.techsciresearch.com/sample-report.aspx?cid=693

http://www.techsciresearch.com/report/united-states-radio-taxi-services-market-forecast-and-opportunities-2021/617.html

A b o u t U s & D i s c l a i m e r

16

© TechSci Research

TechSci Research – North America

708 Third Avenue, Manhattan,

New York, United States

Tel: +1- 646- 360- 1656

Email: [email protected]

www.techsciresearch.com

About Us

TechSci Research is a global market research and consulting company with offices in US, UK and India. TechSci Research provides

market research reports in a number of areas to organizations. The company uses innovative business models that focus on improving

productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyzes of both industry-

specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global

industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation

of the opportunities available in the market. TechSci Research currently tracks power industry in more than 35 countries.

Reports on Energy & Power Industry

India LNG Market Forecast and Opportunities, 2025

India Lithium-ion Batteries Market Forecast and Opportunities, 2020

India UPS Market Forecast and Opportunities, 2020

Partial List of Clients

Disclaimer

The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made thatit is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sourcesincluding which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of anyinformation and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that ithas no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can changewithout notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage ofthe same for purpose other than internal will require prior approval of TechSci Research.

TechSci Research – Europe

54, Oldbrook, Bretton,

Peterborough,

United Kingdom



TechSci Research – Asia-Pacific

A – 51, Sector -57, Noida, National

Capital Region, U.P. - India

Tel: +91-120-4523900



China LNG Market 2021 - brochure

Business

Transcript of China LNG Market 2021 - brochure