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

Technip Energies CEO: Eni’s Coral Norte FLNG has ‘potential’ for FID in 2024

Eni's second floating LNG production project in Mozambique has "potential" for a final investment decision in 2024, according to...

Commonwealth LNG pushes back FID to H1 2025

Commonwealth LNG has postponed a final investment decision on its 9.3 mtpa LNG facility in Cameron, Louisiana. According to Commonwealth...

NFE expects to launch Altamira LNG production in March

US LNG firm New Fortress Energy expects to start production of liquefied natural gas at its first FLNG project...

More News Like This

CNOOC’s Zhejiang LNG terminal gets 600th cargo

CNOOC's Ningbo LNG import facility in the Chinese province of Zhejiang has received the 600th cargo of liquefied natural...

CNOOC completes Binhai LNG tank testing

China National Offshore Oil Company (CNOOC) has completed hydro testing of all of the six giant LNG storage tanks...

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...

China’s LNG imports rise in November

China’s liquefied natural gas (LNG) imports rose for the second month in a row in November, according to customs...