Global Oil & Gas: China’s LNG imports rise almost 40 pct in January

chinas-lng-imports-to-hit-record-high
For illustration only (Image courtesy of Sinopec)

Liquefied natural gas (LNG) imports into China, the world’s largest energy consumer, rose 39.7 percent in January as compared to the same month a year before, according to the General Administration of Customs data.

China’s LNG imports increased to 3.44 million mt in January, the second-highest monthly import level, behind a record 3.73 million mt set the month before as a cold snap across the country spurred demand.

The country is the world’s third-biggest LNG importer, behind South Korea and the top LNG buyer, Japan. Its imports rose 33 percent to 26.06 million mt in 2016.

China started importing chilled gas in 2006. The country’s LNG imports are expected to continue to rise as it as it is seeking to cut its addiction to coal to reduce pollution.(source: LNG World News Staff)

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