China Gas signs 20-year LNG deal and China Gas stock sits 38.98 percent below its high

Published on 10/07/2026 at 02:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The contract lifts long-term commitments to 2.50 MTPA. Its 0.50 MTPA volume starts in 2030 for China Gas stock over 20 years.

China Gas, BMG2109G1033, Illustration mit AI erstellt.

China Gas signs a 20-year LNG deal and China Gas stock sits 38.98 percent below its HKD 8.85 52-week high. On September 14, 2026, Venture Global said China Gas agreed to purchase 0.50 million tonnes per annum of US liquefied natural gas for 20 years starting in 2030.

Long-term LNG volumes rise

The new sales and purchase agreement lifts China Gas's long-term contracted LNG volume with Venture Global to 2.50 million tonnes per annum under 20-year agreements. Reuters reported on September 14, 2026, that deliveries are scheduled to begin in 2030.

The contract expands supply visibility, but its operating effect is deferred because the new volume starts four years after the announcement. That timing makes the agreement strategically important while limiting its immediate contribution to fiscal year 2026 earnings.

Fiscal year 2026 shows pressure

For fiscal year 2026, revenue stood at HKD 73,603.93 million, down 7.14 percent from HKD 79,258.01 million in fiscal year 2025. Reuters also lists net income of HKD 2,719.05 million for fiscal year 2026, down 16.38 percent from HKD 3,251.61 million in fiscal year 2025.

The earnings comparison gives the LNG agreement a useful counterpoint. China Gas is adding future supply commitments while its latest annual revenue and net income figures remain below the prior fiscal year.

Stock remains below its yearly high

China Gas was last at HKD 5.40 on Hong Kong Stock Exchange on October 6, 2026 at 4:08 p.m. HKT. Its 52-week range was HKD 5.17 to HKD 8.85, while market capitalization stood at HKD 29.4 billion on the same date.

The last Lang & Schwarz close was EUR 0.61 on October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of China Gas stock.