Chinese wholesale LNG prices averaged RMB 3,169/t ($8.89/MMBtu) last week, up by 4.8% from the previous week. Supply tightened after Guanghui Energy suspended production at its energy complex in Hami, western Xinjiang, following a fire on 16 February.
Ten plants in Inner Mongolia, Shaanxi, Shandong, Henan and Shanxi increased asking prices by an average of 4.5%.
Ex-works prices of LNG in selected areas, (RMB/t)
|Province and region||18-24 February|
Log in or register for a free trial to continue reading this article
Not a subscriber?
To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.Sign up