Some good news for LNG demand: Beijing ordered offices to cut...

Some good news for LNG demand:

Beijing ordered offices to cut heating to as low as 14 degrees Celsius (57 Fahrenheit) in response to a natural-gas shortage that resulted from import delays by PetroChina Co.
Gas supplies have dwindled in northern China as seaborne liquefied natural gas imports meant to satisfy peak winter demand couldn’t unload because of heavy fog and wind, PetroChina’s parent, China National Petroleum Corp., said on its website. Heating in public buildings including offices, malls and supermarkets in the capital was curtailed and authorities are working with PetroChina to restore deliveries as soon as possible, Beijing authorities said in a Dec. 26 microblog post.
"The cold weather and difficulties in delivering LNG imports at the Tangshan terminal played a big part in causing the recent supply shortage," Liu Guangbin, an analyst with SCI International, a Shandong-based researcher, said by phone. "I expect the tightness to continue for a month or so as the coldest time for northern China is yet to come."


http://www.bloomberg.com/news/artic...-natural-gas-supply-as-petrochina-lng-delayed