China Gas stock gets a 20-year LNG supply deal for 2030

Published on 10/07/2026 at 00:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

China Gas stock has a 20-year LNG agreement starting in 2030, covering 0.5 million metric tons annually. Fiscal 2026 profit fell to HKD 2.719 billion.

China Gas, BMG2109G1033, Illustration mit AI erstellt.

China Gas Holdings Limited stock was last at HKD 5.40 on the Hong Kong S.E. on October 6, 2026, up HKD 0.03, or 0.56 percent, from the prior session. The company has also secured a 20-year LNG supply agreement beginning in 2030, adding 0.5 million metric tons per year to its contracted volumes.

LNG deal reaches 2.5 million tons

According to Reuters on September 14, 2026, China Gas will buy 0.5 million metric tons of U.S. liquefied natural gas from Venture Global each year for 20 years starting in 2030. The agreement increases Venture Global's long-term supply commitments with China Gas to 2.5 million metric tons annually.

Venture Global said on September 14, 2026, that the sales and purchase agreement covers twenty years of supply from its U.S. portfolio. For China Gas, the contract expands supply security but does not contribute deliveries before 2030.

Fiscal 2026 profit declined

MarketScreener lists fiscal 2026 net sales of HKD 73.604 billion, down from HKD 79.258 billion in fiscal 2025. Net income fell to HKD 2.719 billion from HKD 3.252 billion over the same periods, a decline of 16.39 percent.

The contract therefore arrives alongside a weaker latest annual earnings base. Reuters also reported on September 14, 2026, that China retained a 15 percent tariff on U.S. energy products and that Chinese LNG imports fell to 68.43 million metric tons in 2025, factors that may shape the commercial value of deliveries scheduled for 2030.

Consensus target remains higher

MarketScreener's analyst consensus rates China Gas Holdings Limited at OUTPERFORM, based on 15 analysts, with an average target of HKD 6.268. The page shows a 16.93 percent spread above its HKD 5.360 last-close reference, while the latest HKD 5.40 quote places the stock below that consensus level.

The market value is HKD 29.4 billion as of October 6, 2026. The 52-week range is HKD 5.17 to HKD 8.85, so the latest quote sits HKD 3.45 below the yearly high and HKD 0.23 above the yearly low.

China Gas stock stays near yearly low

China Gas stock was last at HKD 5.40 on the Hong Kong S.E. on October 6, 2026 at 4:08 p.m. HKT, with volume of 4,541,503 shares. Its LNG expansion offers a long-dated supply platform, while the fiscal 2026 decline and tariff exposure remain central measures for assessing execution.