Supply & Demand

Output cuts further boost Chinese LNG prices

Reduced output output from LNG plants last week led to an increase in average Chinese ex-works prices for the second week in a row Reduced output output from LNG plants last week led to an increase in average Chinese ex-works prices for the second week in a row.
By Tang Tian 4 July 2018 0 31592
Ex-works prices of LNG

Reduced output from LNG plants last week led to an increase in average Chinese ex-works prices for the second week in a row, with prices rising by 2.31% from a week earlier, to RMB 3,542/t ($10.3/MMBtu). Forty-three plants in Inner Mongolia, Shanxi, Henan, Sichuan, Chongqing, Yunnan, Guizhou, Gansu, Shaanxi, Ningxia and Xinjiang increased their asking prices by an average of 3.11% week on week.

LNG transported by diesel and LNG truck

LNG shipping rates by truck...