China boosts gas imports in November

China’s natural gas imports, including pipeline gas and LNG, rose in November compared to the same month last year, according to customs data.

Natural gas imports during the last month reached about 10.95 million tonnes, rising 6.2 percent compared to 10.31 million tonnes in November 2022, the data from the General Administration of Customs shows.

Imports increased some 2.16 million tonnes compared to 8.79 million tonnes in the prior month as demand in China increased due to winter heating season.

Moreover, the country’s gas imports rose by 8.5 percent year-on-year to 107.39 million tonnes in January-November.

China paid about $56.9 billion for gas imports in this period, a drop of 8.9 percent compared to the last year.

There is currently no official data for LNG imports in November.

China’s LNG imports rose in October, and the country imported 5.17 million tonnes in October, an increase of 29.5 percent year-on-year.

The country imported 56.25 million tonnes of LNG during January-October, up by 11.5 percent compared to the same period last year.

However, Chinese LNG imports fell last year due to due to very high spot LNG prices and Covid lockdowns, which affected economic activity.

LNG imports dropped compared to the January-October period in 2021 when China imported 64.50 million tonnes of LNG.

China has overtaken Japan as the world’s largest LNG importer this year.

During the January-October period, Japan imported some 54.3 million tonnes, down by about 1.9 million tonnes compared to China’s 56.2 million tonnes.

- Advertisements -

Most Popular

Perenco takes stake in Golar LNG

London-based oil and gas firm Perenco has purchased a stake in floating LNG player Golar LNG. According to a SEC...

Singapore LNG bunkering volumes hit new record

Singapore’s liquefied natural gas (LNG) bunkering sales reached a new record in May, according to Singapore’s Maritime and Port...

Singapore’s Temasek says to sell Pavilion to Shell

Singapore's investment firm Temasek said it had agreed to sell 100 percent of its shares in Pavilion Energy to...

More News Like This

China’s LNG imports rise 3.4 percent in May

China, the world’s largest liquefied natural gas importer, increased its LNG imports by 3.4 percent in May compared to...

Cedigaz: global LNG imports increased 1.7 percent in January-May

Global LNG imports rose by 1.7 percent to 169.3 million tonnes in January-May 2024, up from 168 million tonnes...

China boosts gas imports in May

China’s natural gas imports, including pipeline gas and LNG, increased in May compared to the same month last year,...

GIIGNL: 2023 LNG imports increased 2.1 percent to 401 million tons

Global LNG imports reached 401 million tons in 2023, increasing by 2.1 percent compared with the previous year, according...