【券商聚焦】中信证券：2025年城燃公司综合购气成本仍有望下降_老虎社区_美港股上老虎

【券商聚焦】中信证券：2025年城燃公司综合购气成本仍有望下降

金吾财讯03-11

金吾财讯 | 中信证券发研指，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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