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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
LNG
Rising feedgas prices are causing small scale domestic LNG producers in China to lower their utilisation rates, according to OilChem.
- Utilisation rates at Chinese LNG liquefaction terminals averaged 60.52% in the week to October 12, down 2.94 percentage points on the week.
- Rates have fallen since PetroChina raised feedgas auction prices, currently at 4,200-4320 y/t. This is expected to push utilisation rates lower still in the upcoming week, with OilChem forecasting 59.33%.
Source: OilChem
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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