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China Gas Information
In 2012, China imported gas mainly comes from the growth of the oil import growth, and cnooc's imports was present when it does not increase the fallen. According to ICISC1 observation, this is the first time cnooc import resources appear declining situation.
According to customs data show that in the first half of 2012, cnooc import 5 million tons of liquefied natural gas (LNG), a 0.76% decline over the same period of 2011. And in the first half of 2011, cnooc imported LNG the rate of growth of 23%.
"Cnooc import resources decline is mainly affected by four factors, one is because of the cost of imports is going higher, unable to mobilize the enthusiasm of the importer import; 2 it is as a result of oil import pipeline gas in guangdong, the south China import terminal LNG tank car sales impact is obvious; the third is economic environment suppresses new users and the dosage of the old users increase; 4 it is plenty of hydropower has led in some places to natural gas power demand decline," south China traders said.
"It is also due to the above several factors, cnooc inventory level is high in the third quarter, had appeared long about cargo cannot discharging problem." "In many resources, only from Indonesia total LNG appeared obvious growth," the person added.
But later to see, "cnooc is located in zhejiang ningbo imported LNG terminal in the fourth quarter is expected to try to camp, and its import terminal quantity will increase by 3 to 4, therefore, the second half of cnooc's LNG imports or will rebound," cnooc relevant personage says.