LNG

Gas sales surge on China’s Shanghai exchange

Pipeline gas and LNG sales on the SHPGX reached 2.47 bcm and 152,940 tons respectively in July Pipeline gas and LNG sales on the SHPGX reached 2.47 bcm and 152,940 tons respectively in July.
By Tang Tian 8 August 2018 0 32059
Chart showing Chinese ex works LNG prices

The average ex-plant price for Chinese LNG surged by 18.7% in July from June, to RMB 4,357/t ($12.3/MMBtu) – the biggest jump since November 2017. Forty-one plants increased their asking prices by an average of 19.9%. 

Transactions on the SHPGX

Date LNG trades (tons) Average price LNG (RMB/t) Pipeline trades (cm) Average price piped (RMB/cm)
2 Jul 3,180 4,180 105,000,000 1.8800
3 Jul 2,960 4,133 9,100,000 1.8250
4 Jul 400 4,183 18,097,113 2.2254
5 Jul 12,440 4,170 15,501,934 1.9675
6 Jul 27,460 4,167
9 Jul 200 4,183 133,950,000 1.8950
10 Jul 680 4,167 2,100,000 1.8600
11 Jul 11,520 4,146 60,905,264 2.0526
12 Jul 1,380 4,275 140,000,000 2.0800
13 Jul 28,300 4,236 15,501,934 1.9675
16 Jul 1,140 4,375 109,900,000 1.8633
17 Jul 3,480 4,379 55,612,272 2.0460
18 Jul 1,080 4,379 218,364,030 1.8910
19 Jul 7,020 4,345 95,501,934 2.0300
20 Jul 12,660 4,361
23 Jul 3,840 4,575 24,300,000 1.9128
24 Jul 1,020 4,567 537,501,692 2.0300
25 Jul 980 4,567 256,347,204 2.0400
26 Jul 800 4,567 47126211 1.9933
27 Jul 1,740 4,570 22973120 1.9660
30 Jul 27,760 4,422 401,000,000 2.2600
31 Jul 2,900 4,520 201,355,264 1.8871

Pipeline gas and LNG transactions on the Shanghai Petroleum and Gas Exchange...