China boosts natural gas imports in June

China’s natural gas imports, including pipeline gas and LNG, rose by 19.2 percent in June when compared to the same month last year, according to customs data.

Natural gas imports during the last month reached 10.38 million tonnes, the data from the General Administration of Customs shows.

This compares to 8.71 million tonnes in the same month last year.

Moreover, the country’s gas imports rose by 5.8 percent year-on-year to 56.63 million tonnes in January-June.

China paid about $32 billion for gas imports in the first six months of this year, a rise of 1 percent when compared to the last year.

There is currently no available data for LNG imports during the period.

China’s LNG imports rose for the fourth month in a row in May, and the country imported 6.41 million tonnes in May, a rise of 31.5 percent year-on-year.

China imported 27.54 million tonnes of LNG during January-May, up by 4.3 percent compared to the same period last year.

The country has started to relax Covid-related measures in December last year and spot prices dropped considerably this year.

The JKM for August settled at $11.975 per MMBtu on Wednesday.

Most Popular

Another steam LNG carrier sold for demolition

An NYK-managed steam liquefied natural gas (LNG) carrier has been sold for demolition, according to brokers.

Abaxx sees significant volume growth in its LNG futures

Abaxx Commodity Futures Exchange, a wholly owned subsidiary of Abaxx Technologies (CBOE:ABXX) has seen significant volume growth in its physically deliverable LNG futures during the past summer months, according to Abaxx Exchange Chief Commercial Officer Joe Raia.

Shell’s LNG Canada expansion project to get boost from government

Canadian Prime Minister Mark Carney named the planned second phase of Shell's LNG Canada export project as one of the major projects the federal government would help fast-track.

More News Like This

China’s gas imports up in August

China's natural gas imports, including pipeline gas and LNG, increased by 0.8 percent last month compared to August 2024, according to customs data.

China’s CNOOC hits new Zhuhai LNG milestone

China National Offshore Oil Company (CNOOC) has reached a new milestone at its Zhuhai LNG import terminal in Guangdong.

China’s LNG imports down 6.7 percent in July

China reported a 6.7 percent drop in its LNG imports in July, while its pipeline gas imports increased by 4.8 percent compared to the same month last year.

China’s gas imports down in July

China's natural gas imports, including pipeline gas and LNG, dropped by 2.1 percent last month compared to July 2024, according to customs data.