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    Home > Chemicals Industry > China Chemical > Natural gas supply is loose and prices may run smoothly this winter

    Natural gas supply is loose and prices may run smoothly this winter

    • Last Update: 2022-04-11
    • Source: Internet
    • Author: User
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    Recently, many market participants said that although the impact of the new crown pneumonia epidemic on the market has been weakened, the current international and domestic natural gas supplies are showing a loose trend.



    Since the beginning of this year, the domestic LNG (liquefied natural gas) market price has been falling.



    After entering August, the CIF price of China's imported LNG has risen significantly.



    However, it is understood that due to the low price of domestic pipeline gas, the price of LNG receiving stations has been sluggish, and the actual shipment price is much lower than the listed price.



    "The price of LNG has risen recently, but as a whole, the LNG market has not risen or fallen significantly this year.



    So what will happen to my country's natural gas prices this winter?


    "After the beginning of the heating season, the price of natural gas will rise slowly and steadily compared to the off-season.



    "Winter is about to enter, and prices will rise for sure.



    Regarding the decline in natural gas prices this year, many market participants said that it was mainly due to the loose supply of natural gas in the international market.



      "my country's natural gas supply is very sufficient this year.
    On the one hand, the domestic gas production growth rate is 8% to 10%, but the overall consumption growth rate is currently expected to be only 4%, and the output growth rate is twice the consumption growth rate; on the other hand, , Whether it is pipeline gas or LNG, the import channels are very diversified.
    In addition, since this year, the National Development and Reform Commission has issued many documents to promote the stable and coordinated development of natural gas and reduce natural gas prices.
    " Li Yongchang analyzed.
    (Li Ling)



    Transfer from: China Coal News

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