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Trucked LNG sales at China’s terminals rally after price cut

Beijing (JLC), May 24, 2022--Trucked LNG sales at China’s import terminals recorded 1,253 trucks (about 37.6 million cubic meters) on May 18, jumping 49% from a month earlier, JLC data showed.

05-24-2022 14:25:27

China’s spot LNG prices rise for sixth consecutive month

Beijing (JLC), November 15, 2021--On the basis of six consecutive months of gains, JLC China LNG price indexes averaged 7.39% higher on month at CNY6,464.45/mt in October 2021, soaring 104.57% year on year. LNG prices rose across all major regions, posting upticks ranging between 5.37% and 13.40%.

11-15-2021 17:52:37

LNG prices in north China likely to rally amid production cut

Beijing (JLC), March 17, 2021--LNG prices in north China are likely to rebound as the production of LNG plants in Inner Mongolia will decrease under the government's control of energy consumption.

03-17-2021 10:29:55

Tianjin starts to cut residential gas sales price from October

Tianjin Municipality has decided to reduce the residential gas sales price of gas pipeline network starting from October 1, 2020.

09-24-2020 17:28:18

Zhejiang cuts pipe gas price, dampening LNG demand

Zhejiang province in east China has cut its city-gate price of natural gas this month, which has made pipeline gas more competitive in the province and dampened local demand for LNG, industry sources said.

09-04-2020 18:21:43

LNG prices in Sichuan, Chongqing to fall in spite of operating rate cut

Beijing (JLC), Jun 3, 2020—The LNG prices in Sichuan and Chongqing region may remain the downward trend in the short term due to the feed gas price cut in Northwest China and weak demand though refiners cut the operating rates , JLC data shows..

06-03-2020 11:51:39

Yan'an Refinery cuts LPG supply on maintenance

Beijing (JLC), April 14, 2020--Yanchang Petroleum Yan'an Refinery halted its liquefied petroleum gas (LPG) production on April 10 for unit maintenance starting on April 2, refinery sources said

04-14-2020 18:01:24

Non-residential natural gas prices cut by 4.1% -28.5%

Beijing (JLC), March 17, 2020--Chinese government has reduced the price of non-residential natural gas, with a range of 4.1% - 28.5%, according to the official news.

03-19-2020 14:37:43

LNG receiving terminals cut LNG prices to expand sales

Beijing (JLC), February 18, 2020--LNG receiving terminals cut their LNG prices, as they suffered from sales pressures and end-user demand recovered modestly.

02-18-2020 11:51:04

Butane deep processors cut unit loads amid virus spread

Beijing (JLC), February 11, 2020--China saw lowering butane deep-processing unit operating rates amid the spread of a novel coronavirus (2019-nCoV) from late January

02-11-2020 14:16:21

China to cut additional tariffs on U.S. butane

Beijing (JLC), February 10, 2020--Chinese tariffs on butane imported from the U.S. will fall to 28.5% from 13:01, February 14, 2020 (Beijing time), and the tariffs on propane will remain 26%, according to an announcement released by the Customs Tariff Commission of the State Council on February 6

02-10-2020 15:19:34

Changqing oilfield's oil, gas output hits 50 mln mt for 7th consecutive year

Beijing (JLC), November 18, 2019--PetroChina Changqing oilfield has produced 21.33 million mt of crude and 35.99 billion cubic meters of natural gas as of November 17, totaling 50 million mt of oil equivalent, according to latest industrial news.

11-18-2019 14:04:33

Environmental inspection cuts LNG demand in Hebei, Shandong, Henan

Beijing (JLC), September 9, 2019--The end-user demand for liquefied natural gas (LNG) fell by 10%-20% in Hebei, Shandong and Henan due to the impact of severe environmental protection inspection with the National Day (October 1) looming.

09-09-2019 16:45:43

China independents cut production to lower stocks in Feb

Chinese independent refineries show low interest in production amid high refined products stocks and deepening losses.

03-07-2019 18:12:11

NW China sees three consecutive drops in LNG prices

Beijing (JLC), January 16, 2019--LNG prices in Northwest China have been falling three times consecutively since January 14, chiefly due to weak end demand and ample supply of piped natural gas.

01-16-2019 17:47:45

Trade war cuts U.S. LNG exports to China in 2018

The number of U.S. liquefied natural gas vessels that went to China in 2018 fell by around 20 percent from the prior year as the trade war between Beijing and Washington heated up.

01-11-2019 16:24:41

China fuel price to see year's largest cut on Nov 17

China’ fuel price is expected to see the year’s largest cut on Nov 17, as the international crude futures continued dropping since early October.

11-15-2018 16:34:12

LNG prices soar on PetroChina supply cut despite an offseason

LNG prices rose significantly recently in spite of an ongoing dull season, as PetroChina told its gas marketing companies to scale down market supply.

05-16-2018 14:02:29

Shenzhen Dapeng LNG receiving terminal cuts LNG sales

According to JLC, supply in CNOOC Shenzhen Dapeng LNG receiving terminal is tight as LNG from Australia fails to reach amid bad weather. The terminal cut wholesale volume to 8-10 trucks.

10-11-2017 10:56:24

VAT for LPG much likely to be cut to 11%

It remains to be seen whether the 13% VAT for LPG will be adjusted to the higher level of 17% or to the lower level of 11%, whereas there is much likelihood for a cut to the 11% level in compliance with the government’s call to ease tax burdens for businesses.

04-21-2017 17:38:44

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