Price hike limits supply of liquefied natural gas

GUANGZHOU: Several liquefied natural gas (LNG) filling stations are limiting supplies amid soaring prices in the city in South China.

Despite steps by the Guangdong Price Bureau to try to curb the price rise, the cost of a 15-kg LNG bottle has risen to 115 yuan (US$14) from 95 yuan (US$12) 10 days ago. Consumers also face a delivery charge of 6 yuan (74 US cents).
Many bottled LNG filling stations have limited their LNG supply to 30 to 50 bottles per day, an unprecedented scene in the city.

Hu Jinrong, a manager with Guangzhou Xinlian LNG Filling Station, told China Daily: “It is becoming more and more difficult to source LNG within the province of Guangdong and we have been searching for sources elsewhere.

“Some neighbouring provinces seem to control the LNG supply to us. I’m afraid that supplies of bottled LNG will run out some day in the future or price rises will grow even more.”

China Daily