Prices for liquefied natural gas in China have fallen to the lowest in five years as demand failed to live up to expectations despite winter being peak season, driven by heating demand. Citing data from a Chinese commodities pricing outlet, Bloomberg reported the wholesale price per million British thermal units of LNG had dropped to some $10.72 this week, which was the lowest since the middle of 2021. Earlier in December, S&P Global also reported that Chinese wholesale LNG prices had dropped to the lowest in five years, citing a wholesale…