AsiaLNG Terminals

China’s LNG imports down in January-February

By LNG Prime Staff
China's LNG imports down in January-February
For illustration only (Image: Sinopec)

China logged a drop in its LNG imports for the second month in a row, following record imports of the fuel during the last year.

China became the world’s largest LNG importer last year, overtaking Japan. The country’s LNG imports reached 78.93 million tonnes in 2021, hitting a new record high due to rising demand from the power generation and industrial sectors.

However, during January and February of this year, LNG imports dropped when compared to the last year. This could be related to sky-high spot LNG prices, prompting Chinese buyers to hold off on buying spot volumes.

In January, LNG imports dropped by 6.7 percent to 7.81 million tonnes, while in February they decreased 11.8 percent to 4.86 million tonnes, data from the General Administration of Customs showed.

During the January-February period, China imported 12.68 million tonnes of LNG. Compared to the same period last year, LNG imports dropped by 8.7 percent.

On the other side, China’s pipeline gas imports increased during the first two months of this year.

Pipeline imports rose by 6.3 percent to 7.18 million tonnes, the data said.

Most Popular

LNG Terminals

LNG carrier arrives to load first LNG Canada cargo

The 174,000-cbm GasLog Glasgow has arrived at the LNG Canada jetty in Kitimat to load the first LNG cargo produced at the Shell-led terminal, an LNG Canada spokesperson told LNG Prime on Saturday.
Vessels

Knutsen, Shell name ninth LNG newbuild

Norwegian shipowner Knutsen and UK-based energy giant Shell have named the ninth and final LNG carrier in a series of 174,000-cbm vessels.
Contracts and Tenders

BP seals LNG SPA with Italy’s A2A

UK-based energy giant BP has signed a long-term liquefied natural gas (LNG) supply deal with Italian electricity and gas distributor A2A.

More News Like This

LNG Terminals

PetroChina kicks off work on new Rudong LNG tank

State-owned PetroChina has begun construction on a new 200,000-cbm LNG storage tank at its Rudong LNG terminal in Jiangsu.
LNG Terminals

GECF: LNG imports jump in May

Global liquefied natural gas (LNG) imports jumped by 6.9 percent year-on-year in May, marking a record high for the month, the Gas Exporting Countries Forum said in its latest report.
LNG Terminals

China’s LNG imports slide in May

China reported a 25.6 percent drop in its LNG imports in May, while its pipeline gas imports increased by 10.4 percent compared to the same month last year.
LNG Terminals

China’s gas imports down in May

China's natural gas imports, including pipeline gas and LNG, dropped by 10.8 percent last month compared to May 2024, according to customs data.

2025. © All rights reserved. LNG Prime LLC. 447 Broadway, New York, NY 10013, USA