LNG

China’s m/m LNG offtake grew by 0.25mmt in August, increasing robustly by 5% to 5.54mmt. Monthly Chinese offtakes had decreased by 0.48mmt (-8%) in June, meaning that the country realigned on the demand growth trajectory it had embarked on in March. Most of January and all of February were affected by wide-ranging public health measures to counter the country’s coronavirus outbreak, which shut down significant parts of the Chinese economy at the time.

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