The competition in China's downstream gas sector is expected to heat up with the entry of more foreign participants vying for a greater presence in the increasingly open and growing market, sources an
New outbreaks of COVID 19 in some Chinese cities and provinces recently have
raised concerns over the country’s mobility restrictions, casting a shadow over
its natural gas demand in the third quarter
High LNG prices in recent months have curbed natural gas consumption in some of China s downstream sectors like heavy duty trucking and forced energy intensive businesses like ceramics to either slash
China’s trucked LNG prices have surged to more than Yuan 7,000/mt ($1,093/mt) a
record high in the non heating season driven by expectations of a colder than
usual winter, higher import costs, early o
In 2022, the LNG market saw a great deal of term contracting activity a total of 52 LNG sales and purchase agreements signed with tenures of 10 years or longer, reaching more than 65 million mt, up fr