China's largest gas storage facility creates daily extraction record

Time:2023-12-20 17:45:25      Source:Xinhuanet.com

China's largest gas storage facility Hutubi extracted a record 38 million cubic meters of natural gas on Saturday, as part of efforts to increase gas production to cope with the strong cold wave enveloping the country.

The volume is 5 million cubic meters higher than that in the same period last year and has increased by 28 million cubic meters compared with the amount extracted before the cold wave.

Located in northwest China's Xinjiang Uygur Autonomous Region, the Hutubi natural gas storage facility has played an important role in providing natural gas to northern Xinjiang and cities along China's West-to-East Gas Pipeline.

The storage facility amassed a record 2.97 billion cubic meters of natural gas this summer, up 60 million cubic meters from last year, to meet home heating demands in winter, according to the gas storage division of China's oil and gas producer PetroChina.

Index RMB/t DoD Basis Date
Datong 5500 450 0 ex-mine 06-16
Shuozhou 5200 435 0 FOR 06-16
Ordos 5500 415 0 ex-mine 06-16
Yulin 6200 535 0 ex-mine 06-16
Liulin Low-sulphur 560 -10 ex-mine 06-16
Gujiao Low-sulphur 1095 0 FOR 06-16
Xingtai Low-sulphur 1210 0 ex-Factory 06-16
Yangquan PCI 770 0 FOR 06-16
Index RMB/t WoW WoW% Date
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