2025年以来，中国海油盐城"绿能港"利用保税储罐正式开启LNG转口贸易，上半年实现保税进出口 36.45亿元，占全县进出口总额的47.3%，占全市进出口总额的4.4%，其中转口贸易15.92亿元，进一步 丰富港口功能，助力地方开放型经济高质量发展跃上新台阶。 来源：中国青年报客户端 中国青年报客户端讯（中青报·中青网见习记者 张仟煜 记者 贾骥业 实习生 杨畅）9月18日，中青报·中 青网记者参加"活力中国调研行"主题采访活动时走进位于盐城市滨海县的中国海油盐城"绿能港"，这里 是我国最大的液化天然气（以下简称"LNG"）能源枢纽站。 LNG是天然气在-162℃时冷凝的液体，具有无色、无味、无毒、无腐蚀性的特点，有着"地球上最干净 的化石能源"之称。为了更直观地体会LNG的"魔力"，工作人员用玫瑰花做实验，向记者展示LNG的"冷 能"。现场工作人员将盛开的玫瑰花放入LNG中，仅用了不到10秒，原本柔软湿润的玫瑰花瓣已变得"嘎 嘣脆"，在取出时冒着烟雾，用手指轻轻一碰就碎成小块。"这是LNG冷能利用的一个表现，不仅仅是玫 瑰花瓣，橡胶轮胎等不易处理的物品，在浸泡LNG后都会变得十分脆。"工作人员解释道。 液化 ...

Group 1 - The core viewpoint of the article highlights the current state and competitive landscape of China's natural gas industry, with a focus on import statistics and market trends [1][2] Group 2 - In July 2025, China's import volume of gaseous natural gas reached 5.2 million tons, representing a year-on-year increase of 4.8% [1] - The import value for the same period was $1.86 billion, which reflects a year-on-year decrease of 3.5% [1]

相关报告：智研咨询发布的《2025-2031年中国液化天然气(LNG) 行业市场调查研究及发展前景规划报 告》 根据国家统计局公布的数据，石油天然气类别下的液化天然气（LNG）2025年8月下旬市场价格为 3951.6元/吨，同比下滑19.68%，环比下滑2.24%，纵观近5年同时期其价格，2022年8月下旬达到最大 值，有6705.5元/吨。 2019-2025年8月下旬液化天然气（LNG）市场价格变动统计图 数据来源：国家统计局 ...

Core Points - The 2025 China Petroleum Fourth Technical Skills Competition for Pipeline Gas Customer Service Personnel concluded successfully in Zibo, Shandong, showcasing the professionalism and service attitude of the participants [1][3] - A total of 82 customer service personnel from various companies competed, with awards distributed including 5 gold, 9 silver, and 14 bronze medals [1][3] Group 1: Competition Overview - This competition was the first group-level skills competition organized by the Natural Gas Sales Company, aimed at enhancing customer service skills and promoting a comprehensive "big service" framework [3][5] - The competition featured both theoretical and practical assessments, focusing on safety regulations, gas service protocols, and technical standards [4][5] Group 2: Objectives and Themes - The theme of the competition was "Peak Competition, Quality Leads the Future," aligning with national energy reform strategies and emphasizing the importance of skilled talent in the industry [3][4] - The event aimed to improve the professional capabilities of customer service personnel and support the digital transformation of services [3][6] Group 3: Skills Development and Innovation - The competition included innovative assessment methods, such as online troubleshooting for gas appliance issues and customer interaction scenarios, reflecting real-world service challenges [5][6] - The introduction of smart customer service technologies and VR training tools indicates a shift towards a more integrated and efficient customer service model [6][7] Group 4: Future Implications - The competition is expected to serve as a model for future skills enhancement initiatives within the industry, promoting a culture of continuous improvement and service excellence [5][7] - Participants expressed a commitment to applying the skills and standards learned during the competition to enhance daily operations and customer safety [7]

Core Insights - The China National Offshore Oil Corporation (CNOOC) has established the largest liquefied natural gas (LNG) energy hub in China, located at the Yancheng "Green Energy Port" [1][3][5] Group 1: Project Overview - The Yancheng "Green Energy Port" is a key project in China's natural gas supply chain, focusing on base load, peak shaving, and storage functions [3][5] - The port has a total storage capacity of 2.5 million cubic meters, with an annual processing capacity exceeding 6 million tons [5] Group 2: Operational Achievements - As of now, the port has received a cumulative total of 7.84 million tons of LNG, supplying over 9.8 billion cubic meters of natural gas to the Yangtze River Delta and surrounding areas [5] - The port has expanded its operations to include cold energy utilization and gas power generation, establishing the first LNG cold energy exchange center in China [5] Group 3: Future Developments - In September 2023, two 220,000 cubic meter LNG storage tanks were designated as bonded storage tanks, initiating LNG bonded operations with an expected bonded import value of 5.332 billion yuan in 2024 [5] - By 2025, the port plans to commence LNG transshipment trade using the bonded storage tanks, with a projected bonded import and export value of 3.645 billion yuan in the first half of the year [5]

1. Report Industry Investment Ratings - Crude oil: Cautiously bearish [1] - LPG: Cautiously bearish [1] - L: Bearish continuation [1] - PP: Bearish continuation [1] - PVC: Bearish rebound [1] - PX: Cautiously bearish [1] - PTA: Cautiously bearish [2] - Ethylene glycol: Cautiously bearish [2] - Methanol: Cautiously bullish [2] - Urea: Cautiously bearish [2] - Natural gas: Cautiously bearish [4] - Asphalt: Cautiously bearish [4] - Glass: Low - level oscillation [4] - Soda ash: Low - level oscillation [4] 2. Core Views of the Report - The geopolitical risk of the Russia - Ukraine conflict has decreased, and oil prices have returned to fundamental pricing. The supply of crude oil is expected to be in excess in the medium - to - long term, and there is a high probability that it will be pressured to around $60. For other chemical products, their market trends are affected by factors such as supply and demand, cost, and seasonal demand [1][6]. 3. Summaries by Related Catalogs Crude Oil - **Market Performance**: Overnight international oil prices fell. WTI dropped 0.69%, Brent dropped 1.52%, and SC dropped 0.70% [5]. - **Basic Logic**: Geopolitical risks have declined, and oil prices have returned to fundamental pricing. The U.S. crude oil inventory has decreased more than expected in the short term, providing some support, but there is a large probability of supply excess in the medium - to - long term, which may push the price down to around $60 [6]. - **Fundamentals**: Russia's seaborne oil product exports increased in August. The U.S. crude oil net imports decreased, and exports increased. OPEC predicts stable growth in global oil demand. The U.S. commercial crude oil inventory decreased, while diesel inventory increased [7]. - **Strategy Recommendation**: Hold short positions. Pay attention to the range of [480 - 495] for SC [8]. LPG - **Market Performance**: On September 18, the PG main contract closed at 4466 yuan/ton, down 0.42% [10]. - **Basic Logic**: The cost - end crude oil supply is in excess, and the demand from the chemical industry has weakened. The supply and inventory have increased, which is bearish [11]. - **Strategy Recommendation**: Hold short positions. Pay attention to the range of [4400 - 4500] for PG [12]. L - **Market Performance**: The L2601 contract closed at 7188 yuan/ton, down 57 yuan [16]. - **Basic Logic**: The peak season is less than expected, and the spot price has continued to fall. The short - term supply - demand contradiction is not prominent, and it is gradually shifting to a situation of both strong supply and demand. The production is expected to increase next week, and the demand from the agricultural film industry is strengthening [17]. - **Strategy Recommendation**: Short - term weak oscillation. Industrial customers can hedge at high prices and wait for bullish drivers. Pay attention to the range of [7150 - 7250] for L [17]. PP - **Market Performance**: The PP2601 closed at 6926 yuan/ton, down 56 yuan [21]. - **Basic Logic**: High - level maintenance cannot offset high - level expansion. The peak season is less than expected, and the spot price is weak. The cost of propylene is high, suppressing processing profits. The downstream demand is gradually entering the peak season [22]. - **Strategy Recommendation**: The futures price is at a premium. Industrial customers can hedge at high prices. Pay attention to the range of [6850 - 7000] for PP [22]. PVC - **Market Performance**: The V2601 closed at 4923 yuan/ton, down 50 yuan [26]. - **Basic Logic**: The basis has strengthened, and the number of warehouse receipts has decreased from a high level. The cost support from thermal coal has improved. The supply is strong and the demand is weak, and the inventory has been accumulating. The export is expected to weaken [27]. - **Strategy Recommendation**: Buy on dips due to low valuation. Pay attention to the range of [4900 - 5050] for V [27]. PX - **Market Performance**: On September 12, the PX spot price was 6864 yuan/ton, up 7 yuan [30]. - **Basic Logic**: The supply - side devices have little change at home and abroad. The demand - side PTA processing fee is low, and the device maintenance has led to a short - term increase in load. The supply - demand is in a tight balance, and the inventory is still relatively high. The macro - environment has put pressure on prices [31]. - **Strategy Recommendation**: Short on rebounds and sell call options. Pay attention to the range of [6620 - 6720] for PX511 [32]. PTA - **Market Performance**: On September 12, the PTA spot price in East China was 4565 yuan/ton, down 55 yuan. The TA01 closed at 4648 yuan/ton, down 40 yuan [34]. - **Basic Logic**: The processing fee is low. The supply pressure has increased due to new device production and the resumption of previous maintenance devices. The market has expectations for the "Golden September and Silver October" peak season, and the demand is slightly better. The supply - demand is in a tight balance in September and is expected to be loose in the fourth quarter [35]. - **Strategy Recommendation**: Short on rallies for single - side trading; pay attention to the opportunity to expand the PTA processing fee for arbitrage [2]. Ethylene Glycol - **Market Performance**: On September 12, the spot price of ethylene glycol in East China was 4378 yuan/ton, down 44 yuan. The EG01 closed at 4319 yuan/ton, down 31 yuan [38]. - **Basic Logic**: Domestic devices have slightly reduced their loads, and overseas devices have little change. The market has expectations for the peak season, and the demand is slightly better. The inventory is low, providing some support. The market is trading on the expectation of new device production, showing a weak oscillation [39]. - **Strategy Recommendation**: Hold high - level short positions, pay attention to shorting opportunities on rebounds, and sell call options. Pay attention to the range of [4235 - 4280] for EG01 [40]. Methanol - **Market Performance**: On September 12, the methanol spot price in East China was 2317 yuan/ton, down 8 yuan. The main 01 contract closed at 2379 yuan/ton, down 8 yuan [42]. - **Basic Logic**: The device maintenance of methanol has increased, and the supply - side pressure is expected to improve. The demand has slightly improved, and the social inventory has continued to accumulate, but at a slower pace. The cost support is stabilizing [43]. - **Strategy Recommendation**: Pay attention to the opportunity to buy on dips for the 01 contract. Pay attention to the range of [2328 - 2370] for MA01 [45]. Urea - **Basic Logic**: The short - term supply is tight, but the supply is expected to be loose. The domestic demand is weak, while the export is good. The factory inventory has continued to accumulate, and the warehouse receipts are at a high level. The macro - environment has put pressure on prices [2]. - **Strategy Recommendation**: Hold short positions and sell call options [2]. Natural Gas - **Basic Logic**: The U.S. natural gas inventory has increased more than expected, causing the price to weaken. The cooling weather has increased the combustion demand and the winter gas storage, which provides some support [4]. Asphalt - **Basic Logic**: The cost - end crude oil has rebounded due to geopolitical disturbances, but the supply is in excess. The asphalt supply - demand is generally loose, and the valuation is high [4]. - **Strategy Recommendation**: Hold short positions [4]. Glass - **Basic Logic**: The production and sales in some regions are okay, and the spot price has increased. The supply is under pressure, and the terminal demand is still weak [4]. - **Strategy Recommendation**: Short - term long due to peak - season demand support, and short on rebounds in the medium - to - long term [4]. Soda Ash - **Basic Logic**: The demand for heavy soda ash has improved, and the enterprise inventory has decreased for four consecutive weeks. The supply is expected to be loose after the end of summer maintenance [4]. - **Strategy Recommendation**: Short - term long due to slight demand improvement, and short on rebounds in the medium - to - long term [4].

Core Insights - The Canadian federal government has designated the LNG Canada Phase 2 expansion project as one of the country's five key energy projects, aiming to diversify energy exports and strengthen its position as a traditional and clean energy powerhouse [1] - The project is expected to double the LNG production capacity to 28 million tons per year, making it the second-largest LNG facility globally [1] - The new regulatory framework will streamline the approval process for strategic projects, reducing the maximum approval time to two years [1] Group 1: Project Overview - LNG Canada is located in Kitimat, British Columbia, and is developed by Shell, Petronas, China National Petroleum Corporation, Mitsubishi, and Korea Gas Corporation [1] - The project has recently achieved its first export, marking it as Canada's first large-scale LNG export facility [1] - The expansion aims to reduce Canada's over-reliance on the U.S. LNG export market by exporting natural gas to global markets via the Pacific coast [1] Group 2: Economic Impact - The federal government anticipates that the LNG Canada Phase 2 project will attract significant private capital and promote economic growth [1] - The project is expected to enhance Canada's trade partnerships, particularly increasing natural gas supply to Asian and European partners [1] Group 3: Additional Projects - Alongside LNG Canada Phase 2, the five key projects submitted for review include a small modular reactor (SMR) project, a container terminal project, and two mining projects aimed at increasing copper production in Canada [1]

Report Summary 1. Report Industry Investment Rating - No investment rating information is provided in the report. 2. Core Viewpoints - This week, oil prices closed higher, with absolute price fluctuations intensifying due to geopolitical news. The global oil market is experiencing inventory accumulation, with US EIA commercial crude oil and refined oil inventories increasing, and global refinery profits declining. In the baseline scenario, the crude oil balance sheet will have a surplus of over 2 million barrels per day in the fourth quarter of 2025 and 1.8 - 2.5 million barrels per day in 2026. It is expected that the absolute price center in the fourth quarter will fall back to $55 - 60 per barrel. Attention should be paid to the impact of geopolitical factors and sanctions on supply from Iran and Russia [7]. 3. Summary by Directory 3.1 Daily News - International oil prices fell on Thursday as concerns about the US economic outlook outweighed the benefits of the Fed's interest rate cut. The Fed cut interest rates by 0.25 percentage points on Wednesday and signaled further cuts this year, but the latest US data showed a slowdown in the economy and an unexpected increase in distillate inventories, which dampened demand expectations. Ecopetrol will complete its 2025 drilling target ahead of schedule and may exceed its production target. The EU is planning to accelerate the phase - out of Russian liquefied natural gas, and analysts expect the global natural gas market to turn into a supply surplus in the second half of next year [5]. 3.2 Regional Fundamentals - In the week ending September 12, US crude oil exports increased by 2.532 million barrels per day to 5.277 million barrels per day, domestic crude oil production decreased by 0.013 million barrels to 13.482 million barrels per day, commercial crude oil inventories (excluding strategic reserves) decreased by 9.285 million barrels to 415 million barrels, a decrease of 2.19%, the four - week average supply of US crude oil products was 20.671 million barrels per day, a 1.69% increase from the same period last year, strategic petroleum reserve (SPR) inventories increased by 0.504 million barrels to 405.7 million barrels, an increase of 0.12%, and commercial crude oil imports (excluding strategic reserves) decreased by 0.579 million barrels per day to 5.692 million barrels per day. From September 5 - 11, the operating rate of major refineries fluctuated slightly, and the operating rate of Shandong local refineries increased slightly. Domestic production and inventory of gasoline and diesel both increased, the comprehensive profit of major refineries weakened, and the comprehensive profit of local refineries decreased [6]. 3.3 Weekly Viewpoints - This week, oil prices closed higher, with absolute price fluctuations intensifying due to geopolitical news. The US proposed extensive sanctions on Russian energy on Friday. Fundamentally, the global oil market is accumulating inventory, and refinery profits are declining. In the baseline scenario, the crude oil balance sheet will be in surplus in the fourth quarter of 2025 and 2026. It is expected that the absolute price center in the fourth quarter will fall back to $55 - 60 per barrel. Attention should be paid to the impact of US sanctions on Russia and its potential to disrupt Russian supply [7].

Core Viewpoint - The article highlights the strategic initiatives and achievements of Shaanxi Natural Gas Co., Ltd. during the "14th Five-Year Plan" period, focusing on its transformation into a comprehensive energy service provider and its contributions to the green energy supply system in Shaanxi Province [1][12]. Group 1: Infrastructure Development - Shaanxi Natural Gas has significantly enhanced its long-distance pipeline construction, with approximately 690 kilometers of new pipelines put into operation, increasing annual gas transmission capacity from 14.56 billion cubic meters at the end of the "13th Five-Year Plan" to 17 billion cubic meters, a growth of 16.8% [2]. - The company has established a comprehensive pipeline network centered around Xi'an and Yulin, creating a "three-ring, four vertical, five horizontal" backbone grid for gas distribution [2]. Group 2: Resource Allocation and Digital Transformation - The company has broken down resource allocation barriers by achieving direct connections with 12 purification plants of Yanchang Petroleum and enhancing interconnectivity with the national pipeline network, significantly improving resource dispatch flexibility and emergency response capabilities [5]. - Shaanxi Natural Gas is advancing its digital and intelligent transformation, applying technologies such as remote monitoring and laser scanning for pipeline integrity management, which enhances operational efficiency [6]. Group 3: Market Expansion and User Base Growth - The city gas business has become a key growth driver, with the company expanding its market through acquisitions and new projects, including the establishment of new gas companies and partnerships with local governments [7]. - By the end of 2024, the company’s city gas enterprises will have constructed over 4,500 kilometers of urban gas pipelines, serving more than 800,000 users, with city gas sales reaching 1.473 billion cubic meters, accounting for 11.1% of total sales [8]. Group 4: Corporate Governance and Value Enhancement - As a state-owned listed company, Shaanxi Natural Gas emphasizes the integration of production and finance to enhance corporate value, receiving multiple awards for its governance and operational efficiency [9][11]. - The company has implemented a robust shareholder return mechanism and optimized asset structure through capital operations, including acquisitions and restructuring [11]. Group 5: Industry Standards and Future Plans - The establishment of the Shaanxi Natural Gas Standardization Technical Committee aims to lead industry development by creating a comprehensive standard system for pipeline construction and urban gas management [12]. - Looking ahead to the "15th Five-Year Plan," the company plans to continue its strategic focus on pipeline construction, hydrogen-blended gas transportation trials, and further contributions to the province's green low-carbon development [12].

在9月18日举行的2025天然气产业发展大会（秋季）上，中国石油集团经济技术研究院副院长吴谋远表示，中长期来 看，我国天然气需求仍将保持快速增长，在"双碳"进程中发挥重要作用。 新华财经北京9月19日电（薛尚文、李婷）在9月18日举行的2025天然气产业发展大会（秋季）上，中国石油集团经济 技术研究院副院长吴谋远表示，中长期来看，我国天然气需求仍将保持快速增长，在"双碳"进程中发挥重要作用。 吴谋远指出，"十四五"期间我国天然气产业成果显著，天然气消费量年均增速达到6.5%，为改善能源消费结构发挥了 积极作用，我国成为全球第三大天然气消费国。在供应端，全国天然气产量年均增长144亿立方米，2024年产量达 2464亿立方米，成为全球第四大天然气生产国。"全国一张网"基本形成，管输硬瓶颈基本消除，储气调峰能力大幅提 升。 展望"十五五"，吴谋远表示，预计"十五五"期间我国能源结构呈现"煤炭降、油气稳、新能源升"的演变趋势。 他指出，"十五五"期间，全球天然气供需趋于宽松，液化天然气（LNG）产能进入投产高峰，为我国能源引进创造有 利条件。预计到2030年，全球LNG液化能力将达7.1亿吨／年，特别在2026年至 ...