China’s gas imports rose 9.9 percent in 2023

China’s natural gas imports, including pipeline gas and LNG, increased 9.9 percent in 2023, according to customs data.

Natural gas imports during the January-December period reached about 119.97 million tonnes, the data from the General Administration of Customs shows.

China paid about $64.3 billion for gas imports in this period, a drop of 8.1 percent compared to the year before.

Moreover, the country’s gas imports reached 12.64 million tonnes in December last year, a rise from about 10.95 million tonnes in November as demand in China increased due to winter heating season.

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

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

China imported 62.99 million tonnes of LNG during January-November, up by 10.9 percent compared to the same period in the previous year, and up by about 3.14 million tonnes compared to Japan’s volumes.

However, Chinese LNG imports fell in 2022 to due to very high spot LNG prices and Covid lockdowns, which affected economic activity.

China’s LNG imports dropped compared to the January-November period in 2021 when China imported 71.36 million tonnes of LNG.

Most Popular

Venture Global’s Plaquemines LNG terminal achieves first production

Venture Global announced on Friday it had reached first LNG production at the company’s second facility, Plaquemines LNG, in...

Spot LNG rates remain weak

“Spark30S rates rose for a fourth consecutive week, increasing marginally by $750 to $23,500 per day,” Qasim Afghan, Spark’s commercial...

Swan Energy, Nebula’s AG&P LNG plan Indian JV

Swan Energy said on Friday it had signed a heads of agreement with AG&P Terminals &Logistics (Singapore). The two firms...

More News Like This

GECF: global LNG imports down in November

In November, global LNG imports decreased by 1.20 Mt y-o-y to 34 Mt, Doha-based GECF said. GECF said this represents...

China’s LNG imports down in November

Data from the General Administration of Customs shows that the country received 6.15 million tonnes last month, down 8.7...

China’s November gas imports drop

Natural gas imports during the last month reached about 10.79 million tonnes, down 1.4 percent compared to 10.95 million tonnes...

CNOOC progresses work on giant Zhejiang LNG tanks

According to a statement by CNOOC Gas & Power, the main construction of the fifth LNG storage tank was...