Official figures and Interfax calculations suggest China’s gas supplies fell in February, supporting expectations that the country’s consumption growth will slow this year.2 days ago
The country's LNG imports reached a new record of 550,000 tons in January as domestic demand for energy continued to grow.
Fifty liquefaction facilities dropped their asking prices last week, causing China’s average ex-works LNG price to fall to RMB 4,305 per ton.
Pipeline exports from North Africa to Europe were well below the seasonal average last week as cheap LNG took market share.
Spot LNG prices in Japan, South Korea, China and Taiwan closed at an average of $5.76/MMBtu last week.