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

Cheniere to start site preparation for two more Corpus Christi LNG trains

US LNG exporting giant Cheniere is seeking approval from the US FERC to start site preparation activities for two more midscale trains at its Corpus Christi LNG plant in Texas.

Woodside names Sarah Bairstow as Louisiana LNG head

Australian LNG player Woodside has appointed Sarah Bairstow to lead its Louisiana LNG project.

LNG shipping rates continue to decrease

Spot LNG freight shipping rates in both basins continued to decrease this week, while European prices increased compared to last week.

More News Like This

China’s gas imports down in March

China's natural gas imports, including pipeline gas and LNG, dropped by 14.9 percent last month compared to March 2024, according to customs data.

Glencore seals LNG supply deal with China’s Shandong Order Group

China’s Shandong Order Group has signed a deal to buy liquefied natural gas (LNG) from a unit of Switzerland-based energy trader Glencore.

CNOOC’s Binhai LNG terminal gets 100th cargo

China National Offshore Oil Company (CNOOC) has received the 100th cargo at its giant Binhai LNG import terminal in Jiangsu.

China’s LNG imports down 22.9 percent in February

China, the world’s largest liquefied natural gas importer, reported a 22.9 percent drop in its LNG imports in February, while its pipeline gas imports increased by 7.6 percent compared to the same month last year.