LNG

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.

Russian natural gas giant Gazprom marked the first anniversary of the coming on stream of the first gas pipeline from Russia to China, regarded as competition for LNG, but details released of current pipeline operations and capacities show less than expected year-one deliveries.