LNG for power generator prices rise by 10%: CPC
CPC Corp, Taiwan (CPC, 台灣中油) yesterday raised liquefied natural gas (LNG) prices for power generators by 10 percent this month to reflect rising global prices. In response to spikes in global LNG prices due to geopolitical tensions, CPC has accelerated price increases for power generators, mainly steam-electricity symbiosis operators that use LNG to produce electricity. The company hiked LNG prices by 10 percent in January for power generators, which was followed by a brief pause last month due to the Lunar New Year holiday. It had increased prices by 3 percent each in August and Septe...