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Industrial demand to drive Chinese LNG output boost
LNG plants in northern China are expected to up their output this week to meet rising industrial demand.
Yesterday
Huadian eyes Jiangsu market via Qidong terminal
China Huadian has secured third-party access to the Qidong LNG terminal in eastern China, allowing it to sell term volumes imported from BP into the Yangtze River Delta.
YesterdayChinese LNG plants lower prices to boost sales
Fifty liquefaction facilities dropped their asking prices last week, causing China’s average ex-works LNG price to fall to RMB 4,305 per ton.
2 days agoAsian spot LNG prices sink to 19-month low
Spot LNG prices in Japan, South Korea, China and Taiwan closed at an average of $5.76/MMBtu last week.
3 days agoCNOOC’s Tianjin terminal leads LNG sales
The terminal sold 346 truckloads of LNG last week, placing it ahead of CNOOC’s Ningbo terminal, which came second with 282 truckloads.
14 March 2019
Fujian vies for control of key provincial pipeline
Fujian officials believe gaining control of the pipeline could be the first step in addressing the province’s weak gas demand in recent years.
14 March 2019Chinese ex-works LNG prices drop as heating demand falls
Rising supplies and declining demand led to an 8.29% drop in the price of ex-works LNG last week.
13 March 2019Asian spot LNG prices hit 17-month low
Prices for spot cargoes closed at $6.0/MMBtu in Asia last week, their lowest level since October 2017.
12 March 2019Ningbo terminal sells most LNG truckloads in China in Feb
The facility sold an average of 236 truckloads of LNG per day last month, making it the top-selling terminal for the first time since last October.
7 March 2019
CNPC to up domestic output after record profits
Asia’s biggest oil and gas producer is investing heavily to boost domestic gas production, after in increase in sales of the fuel in 2018 helped drive profits to a four-year high.
7 March 2019CQPGX outsold SHPGX in February for first time
The Chongqing Petroleum and Gas Exchange sold more piped gas than its Shanghai counterpart for the first time last month.
6 March 2019Large decline for Asian spot LNG prices in February
Asian spot LNG prices saw a significant decline last month, with prices expected to continue to fall in March.
5 March 2019Ningbo terminal takes top spot for Chinese trucked LNG sales
Ningbo sold an average of 307 truckloads of LNG last week, with CNOOC's Tianjin terminal a distant second on 139 and Sinopec's Tianjin facility third on 121.
28 February 2019
China’s LNG berths to extend from coast to river
China’s transport ministry wants LNG receiving infrastructure developed along the country’s longest river over the next 15 years, as part of efforts to improve inland access to gas.
28 February 2019Chinese ex-works LNG price up by 2.76%
Rising demand following the end of the Lunar New Year holiday led 34 plants to lift their asking prices by an average of 8.9% last week.
27 February 2019Asian spot LNG prices fall on weaker power demand
Prices across China, Japan, Taiwan and South Korea ended last week on an average of $6.41/MMBtu, marking a 16-month low.
26 February 2019Tianjin terminals take top two spots for Chinese trucked LNG sales
Sinopec's Tianjin terminal sold 171 truckloads of LNG per day last week while CNOOC's facility sold 139
21 February 2019
China looks to containers for inland LNG shipping
LNG containers were successfully shipped up China’s longest river last month in a development that could pave the way for a new scalable option for getting the fuel from coastal terminals to hinterland markets.
21 February 2019Chinese ex-works LNG price up by nearly 6%
The average price of Chinese ex-works LNG hit $11.55/MMBtu last week despite price cuts at some plants.
20 February 2019Asian spot LNG prices continue to slide
High inventories and weak demand caused a further drop in Asian LNG spot prices last week.
19 February 2019Viewing 1-20 of 1,100 articles