Chinese liquefied natural gas imports jumped in May to around 70 cargoes and pipeline gas imports dropped as the nation resumed LNG shipments from the US after a trade dispute and further re-opened its economy after the Covid-19 lockdowns.
Ten liquefied natural gas carriers from Australia, the Middle East and Africa are heading for Chinese import terminals and another dozen are waiting offshore for orders and destinations in the nation’s network of 20 regasification facilities as winter shipments to China gather pace.
The International Energy Agency said the global natural gas markets were being reshaped by the development of major emerging LNG buyers such as China and by the rising production and exports from the United States.
Jan 17 (LNGJ) - The 172,000 cubic metres capacity “Beidou Star” is scheduled to deliver a cargo on January 27 to the Chinese Dalian import terminal, owned by PetroChina, from the Gorgon LNG plant on Barrow Island in Western Australia. The 174,000 cubic metres capacity “Gaslog Glasgow” will deliver a shipment on January 29 to the Chinese Tianjin North import terminal, owned by Sinopec, from the Australia Pacific LNG plant In Queensland, operated by ConocoPhillips. The 155,000 cubic metres capacity “Gaslog Sydney” is heading for South America’s only LNG export plant at Pampa Melchorita in Peru to lift a cargo on January 29 for Asia.