Search results
2 days ago · (Bloomberg) -- The US has boosted sales of liquefied natural gas to China this year, although the surge may not last if the incoming Trump administration collides with Beijing over trade. China imported 63% more of the super-chilled fuel from the US in the first 10 months of the year compared to the same period in 2023, according to Chinese customs data released on Wednesday.
May 16, 2024 · China's liquefied natural gas imports could hit record levels in 2024, a PetroChina official forecast on Wednesday. ... For power plants in China, however, LNG prices would need to drop to below ...
2 days ago · Although the 3.9 million tons shipped so far this year is only about 6% of China’s total, Chinese buyers have contracted for 14 million tons of US LNG starting from 2026, according to BloombergNEF. If Washington presses ahead with a threatened 60% tariff on Chinese goods, Beijing’s retaliation could include duties on American gas.
Jun 1, 2023 · China's natural gas demand is becoming more feasible with Asian LNG spot prices dropping below the key $9/MMBtu level this week, but a steeper drop may be needed for any substantial demand to emerge amid challenging economic conditions.
Jan 12, 2024 · Asian LNG prices normally peak in the winter season, but they have been falling due to ample supply. ... China’s steelmaking hub, have sunk to the lowest level since at least 2019, dropping 14% ...
- Editorial Dept
Mar 21, 2024 · According to analysts cited by Reuters, this could see China break its own LNG import record, set back in 2021, and boost India’s intake of liquefied natural gas by 10% this year. In 2021, China ...
People also ask
Will LNG prices drop in China?
Will China's natural gas demand rise?
How much LNG does China buy from the US?
Will China's liquefied natural gas imports hit record levels in 2024?
Will rising LNG prices encourage downstream industries to switch to LNG?
What capped China's LNG import growth?
Mar 28, 2023 · Meanwhile, domestic gas prices continue to drop. The auction price for PetroChina Natural Gas Sales Western Branch's latest round of 83.5 million cubic meters pipeline gas for delivery March 21-31 was settled at Yuan 2.28-2.29/cu m on March 17, down 29% from the previous round of Yuan 3.18-3.22/ cu m for delivery March 11-20.
