【中信证券:合同市场化程度提升 城燃气价下行仍有空间】 中信证券研报称,中石油公布2025—2026年天然气年度合同定价方案,降低管制气比例等体现定价更加市场化趋势。据中信证券测算,若进口LNG价格降至2.6元/方,中石油综合销售气价将同比持平;综合考虑进口气价下行趋势、中石化下调价格等因素,2025年城燃公司综合购气成本仍有望下降,助力毛差持续扩张可期。

金融界
11 Mar
中信证券研报称,中石油公布2025—2026年天然气年度合同定价方案,降低管制气比例等体现定价更加市场化趋势。据中信证券测算,若进口LNG价格降至2.6元/方,中石油综合销售气价将同比持平;综合考虑进口气价下行趋势、中石化下调价格等因素,2025年城燃公司综合购气成本仍有望下降,助力毛差持续扩张可期。

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