Taiwan leads rise in Asian spot LNG prices

Asian spot LNG prices increased by an average of 2.81% month on month in May, with Taiwan registering the largest growth
By Tang Tian 4 July 2017

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

  Japan South Korea China Taiwan
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

Already a subscriber?

If you already have a subscription, sign in to continue reading this article.

Sign in

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