Chinese wholesale LNG prices surged by a record 29.3% month on month in September, to RMB 4,081/t ($11.86/MMBtu). Twenty-six plants quoted prices on average 30.6% higher than August, reflecting tighter domestic supply and strong demand.
Ex-works prices of LNG in selected areas, RMB/t
|Province and region||September|
Piped gas deals on the Shanghai Petroleum and Gas Exchange declined to 1.45 billion cubic metres in September, down from 3.06 bcm in August but up slightly from 1.35 bcm a year ago....
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