LNG

Chinese LNG output to decline as feedstock is cut

PetroChina has cut feedstock gas supplies to liquefaction plants in southwest China, leading to a fall in the country's daily LNG output PetroChina has cut feedstock gas supplies to liquefaction plants in southwest China, leading to a fall in the country's daily LNG output.
By Tang Tian 6 December 2018 0 33575

China’s average daily LNG output is forecast to decline slightly for 3-9 December, to 33,247 tons per day, after PetroChina tightened feedstock gas supplies to LNG plants in southwest China.

Chart showing Chinese LNG output forecast

China National Offshore Oil Corp.’s Tianjin terminal increased daily sales of trucked LNG to an average of 397 tankers last week, which was the most of any terminal. Sales at the company’s Ningbo terminal and Sinopec’s Beihai facility stood at 220 tankers and 190 tankers respectively.

Chart showing Chinese LNG delivery schedule