CNOOC's Zhuhai LNG import terminal (Image: CNOOC Gas & Power)
China, the world’s largest importer of liquefied natural gas, reported a 10.6 percent decline in LNG imports in 2025. However, Chinese LNG imports rose in December, for the second month in a row.
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US FSRU player Excelerate Energy confirmed that it has signed a seven-year charter agreement with a unit of Canadian firm Frontera Energy to deploy its FSRU to a new LNG import terminal under development in Colombia. Excellerate also confirmed that it purchased a TFDE LNG carrier to convert it to an FSRU.
Belgium’s Exmar has signed a seven-year charter for the 2006-built LNG carrier Simaisma. The vessel will be modified to serve as a floating transshipment unit (FTU) for the LNG bunkering market.
US LNG exporting giant Cheniere reported an 88.7 percent year-on-year increase in its second-quarter net income to $3.07 billion, while quarterly revenue rose 23 percent year-on-year to $5.73 billion.
State-owned LNG terminal operator China Oil and Gas Pipeline Network (PipeChina) has received the 500th liquefied natural gas shipment at its LNG import terminal in the northern port city of Tianjin near Beijing.