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China's natural gas demand seen up 5% in 2026, CNPC research shows

China's natural gas demand is expected to grow by 5% in 2026, driven by the industrial sector and urbanization. The transport sector is also seeing rapid LNG consumption growth. CNPC forecasts a rebound in industrial gas demand and continued residential gas growth until urbanization reaches 75%. High international spot prices have impacted LNG imports. China's new gas power capacity will reach over 20GW in 2025, but actual power generation may vary. The transport sector's LNG use grew 22% year-on-year due to rising logistics demand.

Reuters·12/12/2025 13:16
HK
00857
-0.24%
SH
601857
-1.35%
Reuters·12/12/2025 13:16
HK
00857
-0.24%
SH
601857
-1.35%

Hang Pin Living Technology Sells PetroChina Shares in Discloseable Transaction

Hang Pin Living Technology Company Limited announced the sale of 200,000 PetroChina shares, generating HK$1,688,000 in proceeds and a gain of HK$549,000. The transaction is classified as discloseable under Hong Kong Stock Exchange rules, requiring reporting due to percentage ratios exceeding 5% but below 25%. Hang Pin is primarily engaged in garment sourcing and financial services.

Tip Ranks·12/11/2025 22:10
HK
00857
-0.24%
SH
601857
-1.35%
Tip Ranks·12/11/2025 22:10
HK
00857
-0.24%
SH
601857
-1.35%
© 2025 Longbridge|Disclaimer

Schedules & Filings

Schedules
Filings
Sep19
Distribution Plan(EST)

Cash dividend 0.6767 USD

Sep18
Distribution Plan(EST)

Cash dividend 0.6767 USD

Distribution Plan(EST)

Cash dividend 0.6767 USD

View More

Event Tracking

Dec12
Logistics Demand Boosts China's Vehicle LNG Consumption Up 22% YoY
02:42
Dec11
Guizhou XiJiu and Sinopec Form Joint Venture and Launch New Products
05:47
CNPC Research Institute Predicts China's Petrochemical and New Materials Oil Demand to Reach 290 Million Tons by 2050
04:26
Dec10
JPMorgan Raises PetroChina's Target Price Outlook
02:19
Dec8
CNPC Establishes Joint Venture Storage Reservoir Companies and Completes Equity Acquisitions
02:50
Brokers Adjust Target Prices and Ratings for Multiple Stocks
01:07