China continues to boost monthly LNG imports

China is continuing to increase its monthly LNG imports, boosted by high demand from the power generation and industrial sectors.

The world’s largest energy consumer imported 6.65 million tonnes of LNG last month, a rise of 12.7 percent year-on-year, data from the General Administration of Customs showed.

In addition, imports rose compared to July when China received 5.67 million tonnes of LNG.

During the January-August period, China imported 51.81 million tonnes of the fuel, the data said.

This is about 0.47 million tonnes more LNG than Japan imported in the same period this year. Also, China’s January-August imports rose 23.3 percent year-on-year.

China’s pipeline gas imports also increased by 11.3 percent to 3.79 million tonnes in August.

These imports rose by 20.1 percent in the January-August period reaching about 27.50 million tonnes.

China’s LNG imports hit an all-time high last year rising 11.5 percent when compared to the year before.

The country imported 67.13 million tonnes in 2020, cementing its position as the second-largest LNG importer, after Japan.

Boosted by strong demand, China is expected to overtake Japan as the world’s top LNG importer this year.

Most Popular

BP takes FID on Ginger gas project in Trinidad and Tobago

UK-based energy giant BP has taken the final investment decision on the Ginger gas development offshore Trinidad and Tobago.

Glenfarne becomes majority owner of Alaska LNG

US energy firm Glenfarne has signed definitive agreements with state-owned Alaska Gasline Development Corporation to become the majority owner of the giant Alaska LNG export project.

Japan’s Tokyo Gas to expand LNG trading business

Japan’s city gas supplier and LNG importer, Tokyo Gas, plans to expand its liquefied natural gas trading business further, including in the US.

More News Like This

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.

GECF says February LNG imports climb

Global liquefied natural gas (LNG) imports rose by 3.7 percent year-on-year in February, boosted by higher imports in Europe, the Gas Exporting Countries Forum said in its latest report.

PipeChina launches bid process for LNG terminal slots

State-owned LNG terminal operator PipeChina has launched a bidding process, offering access to its LNG terminals.