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China Gas Bought April LNG Spot Cargo

LNG

China Gas purchased an LNG cargo on a Des basis for April delivery at around $8.30/mmbtu earlier this week, traders told Bloomberg.

  • Shenzhen Energy Group and China Gas Holdings are currently in talks with potential suppliers for additional cargoes in the next months, sources told Bloomberg.
  • China Resources Gas Group purchases one spot LNG shipment for March delivery, a trader said.
  • China is expected to receive 17 cargoes totalling 1.01m mt in the seven days to Feb. 25, according to OilChem. This is up 18.82% from the 0.85m mt issued in the week to February 18.

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