On the 2nd, the 19th International Liquefied Natural Gas Conference, known as the “Olympic Games” of the LNG industry, opened in Shanghai. Industry insiders from 53 countries and regions discussed the future of the global LNG industry. It is reported that in 2018, China’s natural gas consumption exceeded 280 billion square meters and has become one of the most dynamic natural gas and LNG markets in the world.

Natural gas is a high-quality, efficient, green and clean low-carbon energy. With the economic development, energy consumption growth and increasingly stringent carbon dioxide emission reduction, the long-term growth rate of natural gas consumption is higher than that of coal and oil. As an important part of natural gas business, LNG can effectively connect the supply side and the demand side by means of flexible transportation mode, and the growth rate is higher than that of pipeline natural gas.

The development and utilization of natural gas is one of the important ways to promote the revolution of energy production and consumption in China. It is understood that in 2018, China’s natural gas consumption exceeded 280 billion square meters and imported more than 90 million tons of natural gas. Among them, LNG accounts for 60% of the total import volume, more than 53 million tons, and the import scale has reached a record high, covering 25 countries such as Asia-Pacific, Middle East, North America and so on.

“In 2018, China’s LNG receiving capacity increased significantly, with an additional annual receiving capacity of more than 10 million tons.” Zhang Jianhua, Director-General of the State Energy Administration, said that with the continuous improvement of infrastructure, the gradual development of the market and the improvement of mechanism and policy, the foundation for the development of China’s LNG industry will be further consolidated.

In March, the domestic compound fertilizer market showed a steady downward adjustment, and then stabilized, showing signs of narrow-range correction near the end of the month.

At the beginning of this month, the spring farming market started gradually, and Huazhong started earlier, with distributors’pre-stocking, the actual replenishment mood was not high. In contrast, only Northeast China could get enough goods, and high phosphorus fertilizer was the main source. However, due to the persistent unsatisfactory price of crops in recent years, farmers’ enthusiasm for planting land was not high, and they purchased more on demand, which limited the market support. Near the middle and early days, the central China market was approaching to prepare fertilizer. At the end, in order to seize the summer fertilizer market, enterprises began to hold a distributor order meeting. During the meeting, they introduced preferential policies such as explosives or guaranteed prices, interest-bearing, etc. to stimulate distributors to prepare fertilizer in advance. It is known that the quotations of individual manufacturers have been adjusted by about 50 yuan compared with the beginning of the month, and inquiries in the market have increased slightly. Then some enterprises follow suit in time. Stimulated by preferential policies, enterprises have received some orders. Later, most manufacturers considered the profit of downstream distributors, together with the rebound of raw material urea prices, supported the stable operation of compound fertilizer enterprises, and the stable situation lasted until the late ten days; after the “Jiangsu Xiangshui” incident on 21 January, urea prices increased sharply. By the end of the middle and late ten months, urea prices in the main producing areas increased by about 100-150 yuan, and coincided with compound fertilizer. The manufacturer focuses on the production and bidding of high nitrogen fertilizer. In order to seize the market in the early ten days, the enterprise held an order meeting and took orders at low prices during the meeting. With the rising price of nitrogen fertilizer, especially urea, the market of high nitrogen fertilizer was supported. Near the end of the month, the enterprise cancelled the preferential policy and even some compound fertilizer manufacturer had the intention to raise the price. Henan and Shandong took the lead in raising the price of high nitrogen fertilizer by 3%. About 0 yuan, the inquiries are normal, but the actual transactions are sporadic. The main business mainly receives pre-orders. The rest of the enterprises wait for the rise of raw material urea and plan to price again in early April. So far, 45% CL (3*15) is out of the factory from 2020 to 2070 yuan/ton, and 40 (30-5-5) (28-6-6) of high nitrogen fertilizer is out of the factory from 1950 to 2 in the main production area of central China, near 2300-2350 yuan/ton, and 45% CL (3*15) is out of the factory from 2020 to 2070 yuan/ton. 050 yuan per ton. At present, the compound fertilizer market is still uncertain. Enterprises pay more attention to the trend of urea price. If the price of urea continues to rise, under this support, or near the beginning of April, the price of high nitrogen compound fertilizer may also rise. Specifically, we still need to pay attention to the price trend of raw materials.

Turkmenistan Oriental Network reported on March 22 that in an interview with S&P Global Praz News Agency, Alshad Nasilov, Vice President of Marketing and Investment of Azerbaijani National Petroleum Corporation (SOCAR), said that at least 4 million tons of Turkmenistan oil would be transported to the international market through the Baku-Tbilisi-Jeyhan pipeline in 2020.

Na said that SOCAR transported crude oil across the Caspian Sea on tankers and then through the Baku-Tbilisi-Ceyhan pipeline to the Turkish port of Ceyhan. Na pointed out that 4.2 million tons of local crude oil had been transported by this route in 2018 and decreased in 2019 because of the resumption of crude oil exports to Russia through the Mahathikara trading port this year.

Turkmenistan’s crude oil production is about 11 million tons per year. Most of the crude oil is processed at the Turkmenistan Bashi Refinery.

According to Dow Jones on March 27, Diversified Gas & Oil said Wednesday that it had agreed to buy some assets from HG Energy II Appalachia and that some of the funds would be raised through a rights issue.

The energy company said it agreed to buy assets from HG Energy for $400 million, including 107 unconventional gas production wells in Pennsylvania and West Virginia.

The daily production of these wells totals more than 20,000 barrels of oil equivalent.

On March 26, the ammonium nitrate commodity index was 107.02, which was the same as yesterday. It was 9.63% lower than the cyclical peak of 118.42 points (2019-01-15), and 38.32% higher than the lowest point of 77.37 on October 31, 2016. (Note: Period refers to 2013-02-01 to date)

Recently, the price trend of domestic ammonium nitrate Market has maintained a low level. Affected by environmental protection control, domestic ammonium nitrate plants shut down more, and domestic ammonium nitrate plants started less. However, with the warming of the weather recently, the influence of northern air limitation disappeared. In addition, due to the complete shutdown of domestic downstream civil explosion industry, domestic ammonium nitrate manufacturers have more stockpiles and the price trend in the field has declined. As of the 27th, domestic ammonium nitrate market price negotiations in 1900-2100 yuan/ton, affected by environmental protection, so now many manufacturers in many areas are forced to limit production or stop production and maintenance to accept environmental protection inspection, the price trend of ammonium nitrate on the site is weak.

Recently, the domestic nitric acid price trend is temporarily stable, up to 27 days, the market price is 1560 yuan/ton. The stable trend of nitric acid price has little effect on the ammonium nitrate market, while the price trend of ammonium nitrate has slightly declined. The price trend of upstream raw material liquid ammonia has risen slightly, up to 27 days, the market price of liquid ammonia is 3460 yuan/ton. The rising trend of upstream raw material price has a certain positive impact on the ammonium nitrate market. Ammonium nitrate market price trend slightly lower. At the end of the peak season of the downstream civil explosion industry recently, the demand for ammonium nitrate has weakened and the stocks of ammonium nitrate manufacturers have increased, but the liquid ammonia market is on the rise again. The ammonium nitrate Market has slightly declined due to the bad market. Ammonium nitrate analysts believe that the price of raw materials in the upstream market has risen slightly in the near future, but the demand in the downstream is not good, and the market price of ammonium nitrate in the later period is expected to be shocked.