Recently, natural gas has become the king of commodity prices. Asia has skyrocketed 6 times in the past year, and Europe has skyrocketed 10 times in 14 months. With the gradual control of the new crown pneumonia epidemic, the energy demand brought about by the global economic recovery has increased significantly. Since the second half of 2020, the prices of energy resource commodities such as natural gas, oil, coal, and iron ore have entered an upward channel. But the performance of natural gas prices is particularly outstanding, causing a hot situation in short supply, leading to a rapid increase in natural gas prices.
In China alone, in the first seven months of this year, domestic natural gas consumption increased by about 24% year-on-year, while domestic natural gas production during the same period only increased by about 10% year-on-year. The gap in this can only be solved by increasing imports. Affected by the rising prices of thermal coal, natural gas,
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