Chinese LNG imports
April 18 (LNGJ) - Chinese LNG imports totalled 19.78 million tonnes in the first three months of 2024, up 20.8 percent from the same three months of 2023, according to data from the Chinese General Administration of Customs. China imported 6.65MT of LNG in March alone, up 25.1 percent from March 2023. China’s main LNG suppliers to its network of 25 import terminals are Australia, Qatar, Malaysia, Indonesia and the Yamal plant in Arctic Russia.
China’s oil and gas companies also increased production by 2.3 percent and 5.2 percent from January to March to 53.48MT and 63.2 billion cubic metres respectively. China’s daily average of oil and gas production in March reached 593,000 tonnes and 700 million cubic metres. Russia is the leading energy exporter to China, which purchased 107MT of oil from the Russians last year, up 24 percent, and 8MT of LNG. Gas supplies to China via the “Power of Siberia” pipeline have increased to a record 22.7 Bcm.
Chinese LNG imports rise year-on-year in June though fall short of previous month’s cargo deliveries
Chinese liquefied natural gas imports increased in June by almost 24 percent as energy demand recovered because of lower prices and more regasification capacity coming on line, though LNG deliveries were less than in the previous month.
Chinese LNG imports tumble in month by 29 percent but shipments from Russia rise along with pipeline gas
Chinese liquefied natural gas imports in August 2022 to its network of 22 regasification terminals tumbled by 29 percent because of a mixed economic recovery, high spot prices and more pipeline natural gas imports.
Chinese LNG imports continue to decline while shipments and pipeline gas supplies from Russia increase
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.
LNG imports by China drop by over 28 percent on economic slowdown and higher spot cargo market prices
Imports of liquefied natural gas by China dropped by over 28 percent in June 2022 compared with the same month of 2021 as the economy slowed and spot LNG cargo prices stayed at record high levels on the global market
Chinese LNG imports dropped by 28 percent last month but were partially offset by higher pipeline volumes
Chinese liquefied natural gas imports last month dropped by more than 28 percent and the fall was partially offset by a 26 percent year-on-year increase in pipeline gas imports from nations such as Turkmenistan and Russia.
Chinese LNG import increases awaited after slump in 2022 while Central Asia pipeline gas volumes rise
Chinese LNG imports have slumped in 2022 so far and they have been offset by increasing pipeline natural gas imports from the Central Asian states of the former Soviet Union.
Japan December LNG imports drop 9 percent to cede top spot to China but US 2021 deliveries up 50 percent
Japanese liquefied natural gas imports dropped almost 9 percent in December as the nation formally ceded the No. 1 spot to China as the top LNG importer for 2021, while Japan’s LNG shipments from the US jumped nearly 50 percent.
Chinese LNG imports rise over 18 percent in 2021 to be World No. 1 with around 5MT lead over Japan
Chinese liquefied natural gas imports reached almost 79 million tonnes in 2021, increasing by more than 18 percent and overtaking Japan to become the World No. 1 importer of the fuel.
Chinese LNG shipments show year-to-date increase to stay on track for world No. 1 importer position
Chinese liquefied natural gas imports rose year-on-year by 4.2 percent last month and over 18 percent in the year-to-date period, keeping the nation on track to be the world’s No. 1 LNG importer for 2021.
