China’s LNG imports jump in May

China’s LNG imports continued to rise in May year-on-year on strong demand from the power generation and industrial sectors.

The country imported 7.03 million tonnes of LNG last month, a rise of 36.5 percent year-on-year, data from the General Administration of Customs showed.

Imports also increased when compared to April when China received 6.73 million tonnes of LNG.

In the January-May period, China imported 33.22 million tonnes, the data said.

This marked a year-on-year rise of 31 percent when compared to the same period in 2020.

In addition, China’s pipeline gas imports also increased by 26.2 percent to 3.29 million tonnes in May.

These imports rose by 13.1 percent in the January-May period reaching 16.55 million tonnes.

China’s LNG imports hit an all-time high last year rising 11.5 percent when compared to the year before.

The world’s top energy consumer imported 67.13 million tonnes in 2020, cementing its position as the second-largest LNG importer, after Japan.

However, China is expected to overtake Japan as the world’s top LNG importer this year.

Japan received 4.95 million tonnes of LNG last month, down 2.08 million tonnes compared to China’s volumes. In the January-May period, Japan received 33.18 million tonnes, slightly down compared to China’s imports.

- Advertisements -

Most Popular

QatarEnergy picks shipowners for 18 giant LNG carriers

LNG giant QatarEnergy has selected shipowners to own and operate 18 Q-Max LNG carriers as part of its massive...

VTTI, IKAV to take majority stake in Italy’s Adriatic LNG terminal

Rotterdam-based storage terminal owner VTTI, co-owned by Vitol, IFM, and Adnoc, joined forces with German asset manager IKAV to...

Canada’s FortisBC, Seaspan win provincial approval for Tilbury LNG jetty

Canadian utility and operator of the Tilbury LNG facility in the province of British Columbia, FortisBC, and its partner...

More News Like This

China’s LNG imports rise 19.3 percent in January-February

China, the world's largest liquefied natural gas importer, increased its LNG imports by 19.3 percent in January-February compared to...

CNOOC raises roof on giant Zhejiang LNG tank

A unit of China National Offshore Oil Company (CNOOC) has completed lifting the roof on one 270,000-cbm tank as...

China boosts gas imports in January-February

China’s natural gas imports, including pipeline gas and LNG, rose in January-February compared to the same period last year,...

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...