China’s January-March natural gas imports down 3.6 percent

China’s natural gas imports, including pipeline gas and LNG, dropped by 3.6 percent in January-March when compared to the same period last year, according to customs data.

Natural gas imports during the first quarter reached 26.77 million tonnes, the data from the General Administration of Customs shows.

This compares to 27.73 million tonnes in the same period last year.

However, the country’s gas imports rose 11.2 percent to 8.86 million tonnes in March.

China paid about $2.44 billion for gas imports in the first three months of this year, down 3.1 percent when compared to the last year.

There is currently no available data for LNG imports during the period.

China’s LNG imports dropped by 11.9 percent in January-February to about 11.12 million.

In February, China received 5.21 million tonnes of LNG, up by 8.2 percent when compared to the last year, while in January LNG imports dropped by 24.2 percent to 5.91 million tonnes.

China has started to relax Covid-related measures in December last year and spot prices dropped considerably this year.

The JKM for May settled at $12.625/MMBtu on Wednesday.

Most Popular

Excelerate buys GasLog LNG carrier

US FSRU player Excelerate Energy has purchased a 2007-built steam liquefied natural gas (LNG) carrier from GasLog Partners, a part of Greek LNG shipping firm GasLog, according to brokers.

Shell’s LNG Canada achieves first LNG

LNG giant Shell has started production at the first liquefaction train at its LNG Canada export terminal in Kitimat, an LNG Canada spokesperson told LNG Prime on Sunday.

NextDecade, Bechtel agree $9 billion EPC deals for two Rio Grande LNG trains

US LNG firm NextDecade and compatriot Bechtel have finalized EPC contracts worth $9.09 billion for the construction of the fourth and fifth trains and related infrastructure at the Rio Grande LNG facility in Texas.

More News Like This

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.

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.

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.

GIIGNL: 2024 LNG imports increased 1 percent to 406 million tons

Global LNG imports reached 406 million tons in 2024, increasing by 1 percent compared with the previous year, according to the newest annual report by the international group of LNG importers, GIIGNL.