China’s October LNG imports dip 34 percent

China’s liquefied natural gas (LNG) imports dropped by 34 percent in October when compared to the same month last year, according to customs data.

Data from the General Administration of Customs shows that the country received about 4.03 million tonnes in October, compared to about 6.17 million tonnes last year.

October imports also dropped when compared to the prior month’s 5.90 million tonnes.

During the January-October period, China took some 50.51 million tonnes of LNG, down 21.6 percent when compared to the same period last year.

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

On the other hand, China’s pipeline gas imports increased in January-October.

Pipeline imports rose by 10.6 percent to 38.23 million tonnes during the period while in October these imports increased by 11.5 percent to 3.58 million tonnes, the data shows.

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

During the January-October period, Japan imported some 60.35 million tonnes of LNG, or about 9.8 million tonnes more than China.

Most Popular

Excelerate’s FSRU arrives in Germany

Excelerate’s 138,000-cbm FSRU Excelsior has finally arrived in Germany, where it will start serving DET's second LNG import terminal in Wilhelmshaven.

Woodside assessing tariff impact on Louisiana LNG

Australian LNG player Woodside is assessing the impact of recent US tariffs and other trade measures on its Louisiana LNG project, according to Woodside CEO Meg O’Neill.

Chevron: production at first Wheatstone LNG train reduced due to maintenance

Production at the first liquefaction train of Chevron's Wheatstone LNG plant near Onslow has been reduced due to maintenance, a Chevron Australia spokesperson told LNG Prime on Tuesday.

More News Like This

China’s March LNG imports dip

China reported a 24.5 percent drop in its LNG imports in March, while its pipeline gas imports increased by 2 percent compared to the same month last year.

China’s gas imports down in March

China's natural gas imports, including pipeline gas and LNG, dropped by 14.9 percent last month compared to March 2024, according to customs data.

Glencore seals LNG supply deal with China’s Shandong Order Group

China’s Shandong Order Group has signed a deal to buy liquefied natural gas (LNG) from a unit of Switzerland-based energy trader Glencore.

CNOOC’s Binhai LNG terminal gets 100th cargo

China National Offshore Oil Company (CNOOC) has received the 100th cargo at its giant Binhai LNG import terminal in Jiangsu.