Higher auction price for pipeline gas spurs the price rise Terminals limit spot LNG sales for ensuring stable winter supply More cold weather forecast in northern China from Nov. 4 China’s trucked LNG prices have breached Yuan 8,000/mt ($1,252/mt), or the equivalent of $24/MMBtu, in several regions, an increase of 23% from a week earlier, driven by higher global LNG prices and several coastal terminals rationing supply and stockpiling reserves for peak winter demand. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Several domestic LNG terminals have been required to maintain an inventory level of above 75% at their LNG tanks to ensure stable supply for winter, resulting in tighter supply of domestic spot LNG and higher prices, sources said. In some regions, LNG has been diverted to boost pipeline supply to northern provinces where heating demand will be concentrated in coming […]