Russian liquefied natural gas production has risen in 2022 while overall natural gas production by Gazprom and other companies has dropped because of Russian gas cut-offs in retaliation for US and European Union-led sanctions imposed for the invasion of Ukraine.
China said its natural gas production last month increased by 7 percent from the same month a year ago as its LNG and pipeline gas import needs also rose.
Russian natural gas giant Gazprom has set up a subsidiary to develop a pipeline across the land-locked Asian country of Mongolia as Russia’s second “Power of Siberia” supply line to China in competition to LNG and with capacity of one-third more than the existing pipeline.
Chinese liquefied natural gas imports soared to a record in November and surpassed the monthly total of shipments received by Japan, the world’s largest LNG importer.
March 23 (LNGJ) - Chinese January-February domestic natural gas production rose 8 percent to 31.4 billion cubic metres with an average daily output of 520 million cubic metres, according to data from the National Bureau of Statistics. Imports of pipeline natural gas and LNG together reached 17.80 million tonnes compared with 17.36MT in Jan-Feb 2019, up 2.6 percent year on year. Domestic crude oil output rose 3.7 percent year on year to 32MT from January to February, while imports increased 5.2 percent from a year earlier to 86.09MT. Some 99.19MT of crude oil was processed during the two months, down 3.8 percent from January-February 2019.