Jump in PetroChina’s pipeline gas auction price drives up domestic trucked LNG values
December 2, 2023 Comments Off
A nearly 50% jump in the auction price of wholesale pipeline gas sold by PetroChina in the domestic market has pushed up trucked LNG prices, despite sluggish downstream demand. The auction price for PetroChina Natural Gas Sales Western Branch’s latest round of 62.16 million cu m pipeline gas for delivery Dec. 1-7 was settled at Yuan 4.4-4.51/cu m Nov. 29…
Jump in PetroChina’s pipeline gas auction price drives up domestic trucked LNG values
A nearly 50% jump in the auction price of wholesale pipeline gas sold by PetroChina in the domestic market has pushed up trucked LNG prices, despite sluggish downstream demand. The auction price for PetroChina Natural Gas Sales Western Branch’s latest round of 62.16 million cu m pipeline gas for delivery Dec. 1-7 was settled at Yuan 4.4-4.51/cu m Nov. 29…
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