BUSINESS China's comprehensive LNG import price up

BUSINESS

China's comprehensive LNG import price up

Xinhua

19:22, April 17, 2020

A port worker assists with the docking of an LNG container ship at China National Offshore Oil Corp's terminal in Tianjin. (Photo: Agencies) 

SHANGHAI - China's comprehensive import price index for liquefied natural gas (LNG) went up last week, according to Shanghai Petroleum and Natural Gas Exchange (SHPGX).

The LNG index, not including tax, came in at 3,051 yuan ($431.5) per tonne in the week ending April 12, up 16.9 percent from the previous week.

The index, jointly developed by a monitoring center under the General Administration of Customs and the SHPGX, was launched on Oct 16, 2019 and is due on a weekly basis to offer a new pricing reference for importers.

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