Chinese natural gas imports, including LNG and pipeline natural gas, dropped by 9.5 percent in the first nine months of 2022 as the economy slowed while China paid over 40 percent more for its gas during the period.

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Chinese liquefied natural gas imports in July 2022 to its network of 22 regasification terminals declined significantly on a year-on-year basis amid an economic slowdown while shipments from Russia have edged higher since the Ukraine invasion.

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Japan’s liquefied natural gas imports again declined on an annual basis by 3.7 percent in 2020 with only Australian, spot and US volumes increasing, though shipments to Japanese terminals still outstripped China’s during the month of December.

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Chinese LNG imports dropped last month but were higher than in the previous month with deliveries from nations such as Australia, Qatar and Papua New Guinea helping China surpass its full-year 2018 total in just 11 months.

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