Asia Pacific Price trends
China’s average LNG import price hit a high in December.
The average price of LNG into China rose by 15% on an annual basis in December, to $8.2/MMBtu – a high not seen since 2015. The average price of piped supplies into China rose by 13% year on year in December, to $5.7/MMBtu, but this was a marginal decline from the average price in November.
Expensive cargoes helped boost the average price China paid for LNG in...