LNG

Growth in Chinese LNG output set to cut prices

China’s LNG output is forecast to be 31,618 tpd this week, which could lead to price cuts of nearly 1.9% China’s LNG output is forecast to be 31,618 tpd this week, which could lead to price cuts of nearly 1.9%
By Tang Tian 12 April 2018 0 30387
Chart showing Chinese LNG delivery schedule

Tianjin ranked first for average daily sales of trucked LNG from Chinese terminals last week, on 320 tankers per day. It was followed by Ningbo on 257 trucks and Zhuhai on 166.

Chart showing average trucked LNG prices from Chinese terminals

China’s LNG output for 9-15 April is forecast at 31,618 tons per day as several plants in the north and southwest of the country are set to resume production. The higher output is expected to lead to average price cuts of 1.87% from...