China’s LNG imports increased 12.6 percent in 2023

China’s liquefied natural gas imports rose 12.6 percent in 2023, and the country overtook Japan as the world’s largest LNG importer.

Data from the General Administration of Customs shows that China received about 71.32 million tonnes in the January-December period.

This is a rise compared to about 63.44 million tonnes of LNG in 2022 when imports dropped due to very high spot LNG prices and Covid lockdowns.

China’s 2023 LNG imports dropped compared to record 78.93 million tonnes in 2021.

Last month, China received about 8.40 million tonnes, a rise of 28.4 percent compared to December 2022.

This is the highest monthly figure for Chinese LNG imports last year, the data shows.

Prior to that, LNG imports in November were the highest last year reaching 6.80 million tonnes, a rise of 6.6 percent on the year.

Including pipeline gas, China’s gas imports rose by 9.9 percent to about 119.97 million tonnes in 2023.

The country’s pipeline gas imports rose by 6.2 percent in January-December to 48.65 million tonnes, the data shows.

World’s largest LNG importer

Japan was the world’s top LNG importer in 2022, overtaking China, but both of the countries took fewer volumes when compared to the year before.

China has overtaken Japan this year. However, official data for Japan’s December LNG imports is not available yet.

During the January-November period, Japan imported some 59.85 million tonnes, down by about 3.14 million tonnes compared to China’s volumes.

Including China’s December volumes, the difference is about 11.54 million tonnes.

According to reports, Japan imported between 6-7 million tonnes of LNG in December.

- Advertisements -

Most Popular

ConocoPhillips books capacity at Zeebrugge LNG terminal in Belgium

US energy giant ConocoPhillips has signed a deal to book long-term capacity at the Fluxys-operated Zeebrugge LNG import terminal...

Tellurian updates on Driftwood LNG work

US LNG terminal developer Tellurian, which is being acquired by Australia's Woodside, released the latest construction update for the...

NextDecade names new COO

US LNG firm NextDecade, the developer of the Rio Grande LNG export project in Texas, has appointed Tarik Skeik...

More News Like This

China’s LNG imports drop 4.6 percent in June

China, the world’s largest liquefied natural gas importer, reported a drop in its LNG imports in June, marking the...

China’s gas imports slightly up in June

China’s natural gas imports, including pipeline gas and LNG, increased slightly in June compared to the same month last...

CNOOC raises roofs on giant Zhejiang LNG tanks

A unit of China National Offshore Oil Company (CNOOC) has completed lifting the roofs on two 270,000-cbm tanks as...

CNOOC launches China’s largest LNG storage base

China National Offshore Oil Company (CNOOC) has launched what it says is China's largest LNG storage base at its...