LNG

Trading grows on China’s new Chongqing exchange

Pipeline transactions on the Chongqing Petroleum and Gas Exchange reached 384 MMcm last week, while LNG sales increased to 1,400 tons Pipeline transactions on the Chongqing Petroleum and Gas Exchange reached 384 MMcm last week, while LNG sales increased to 1,400 tons.
By Tang Tian 1 August 2018 0 31962
Chart showing ex-works prices for Chinese LNG by region

The average price for ex-works LNG in China was virtually unchanged last week from the previous week, at RMB 4,295/t ($12.15/MMBtu). Forty-seven plants hiked their asking prices by 1.96% week on week in Heilongjiang, Hebei, Shanxi, Shandong, Henan, Gansu, Ningxia, Shaanxi, Xinjiang, Sichuan, Yunnan, Chongqing and Inner Mongolia. Seven plants in Inner Mongolia and Ningxia cut their prices by 0.69%.

Chart showing delivery rates for trucked LNG from Chinese terminals

LNG...