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Jiu Feng Energy: Currently, it is less affected by the fluctuation of oil and gas prices and is not influenced by the uncertainties present in key maritime areas of the Middle East.
Jin10 data reported on June 20 that Jiufeng Energy stated on the interactive platform that the recent tense situation in the Middle East has temporarily pushed up global oil and gas prices. Currently, the company's natural gas long-term contracts are sourced from Petronas, and under the pricing model, they are less affected by fluctuations in oil and gas prices, and are not impacted by the uncertainties in key maritime areas of the Middle East; in addition, if international natural gas prices continue to rise over a certain period, it will have a positive impact on the company's international spot business.