Asian spot LNG prices increased by an average of 2.81% month on month in May, with Taiwan registering the largest growth. China imported 2.91 mt to all 14 operational terminals in May. Long-term contracted volumes made up 74% of the total, while the remainder were spot cargoes from Angola, Russia, Algeria, Australia and Malaysia. The Putian, Yuedong, Dongguan, Zhuhai and Qidong terminals cut prices in July by an average of 6.9% month on month.
CIF price for imported LNG, May
|Total volume, mt||6.24||2.49||2.91||1.39*|
|Highest price, $/MMBtu||12.33...
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