China’s January-July LNG imports drop 20.3 percent

China’s liquefied natural gas (LNG) imports dropped by 20.3 percent in the January-July period of this year, according to customs data.

Data from the General Administration of Customs shows the country received about 35.93 million tonnes in the period under review, compared to about 45.25 million tonnes last year.

China’s LNG imports dropped this year mainly due to very high spot LNG prices and Covid lockdowns, which affected economic activity.

In July, China took some 4.74 million tonnes of LNG, down 15.4 percent when compared to the same month last year. July imports dropped slightly when compared to the prior month’s 4.82 million tonnes.

On the other side, China’s pipeline gas imports increased in January-July.

Pipeline imports rose by 10.8 percent to 26.28 million tonnes, while in July these imports increased by 8 percent to 3.96 million tonnes, the data said.

China became the world’s largest LNG importer last year, overtaking Japan, but the latter regained the title this year.

During the January-July period, Japan imported some 43.68 million tonnes of LNG, or more than 7.7 million tonnes of LNG compared to China’s volumes.

- Advertisements -

Most Popular

Tellurian says Shell, Vitol LNG supply deals terminated

US LNG firm Tellurian, the developer of the Driftwood LNG export project in Louisiana, said on Friday that its...

UAE’s Adnoc to supply LNG to Germany’s RWE

UAE’s Adnoc and Germany's RWE have signed a supply deal on the first commercial LNG delivery to the Brunsbuettel...

Energy Infrastructure Partners buys stake in Fluxys

Switzerland-based investor Energy Infrastructure Partners (EIP) has signed a deal to buy a stake in Belgian LNG terminal operator...

More News Like This

China’s January-August LNG imports dip 21.3 percent

China’s liquefied natural gas (LNG) imports dropped by 21.3 percent in the January-August period of this year, according to...

CNOOC’s Zhejiang LNG terminal gets 500th cargo

A unit of China National Offshore Oil Company (CNOOC) has received the 500th cargo of liquefied natural gas at...

China’s January-June LNG imports drop almost 21 percent

China’s liquefied natural gas (LNG) imports declined by 20.8 percent in the first half of this year, according to...

China’s January-May LNG imports down almost 20 percent

China’s liquefied natural gas imports declined by 19.6 percent in January-May due to high LNG spot prices and Covid...