Increased Chinese LNG output forecast for July

China’s domestic LNG output is projected to increase by 8.02% in July from June, to 1.2 bcm
By Tang Tian 6 July 2017

Tianjin ranked first for trucked LNG sales in June with average daily sales of 178 trucks, followed by Beihai on 150.

Average LNG prices and sales, June

Terminal Price (RMB/t) Daily sales, trucks per day
Dalian 3,050 45
Rudong 3,200 95
Putian 3,100 140
Ningbo 3,160 120
Dapeng 3,300 18
Jiufeng 3,450 75
Zhuhai 3,500 108
Tangshan 3,025 60
Tianjin 3,010 178
Qingdao 3,200 133
Beihai 150
Jieyang 40
Qidong 100
Source: JLC

China’s domestic LNG output is projected to increase by 8.02% in July from June, to 1.2 billion cubic metres. Plants in north, northwest and east China are expected to cut prices by an average of 2.45% month on month in response.

Output and price forecasts for July

  Output, MMcm Ex-works price, RMB/ton Price...

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