LNG

Sept 25 (LNGJ) - China's supreme economic body, the National Development and Reform Commission, is expected to reduce natural gas prices from October 1. Officials said the specific range of the price cut is still being discussed, though it is likely to be no more than 0.4 yuan per cubic metres (US$0.08).That's as China's LNG imports decreased by 3.8 percent in the first half of 2015 from 9.9 million tonnes to 9.5MT as a consequence of the slowdown in demand growth and increased pipeline imports from the central Asian states of the former Soviet Union.