China, world’s largest energy consumer and the third-biggest LNG importer, boosted its imports of the chilled fuel in February by 28.5 percent year-on-year.
China’s LNG imports increased to 2.37 million mt in February when compared to 1.85 million mt in the same month in 2016, according to the General Administration of Customs data.
The country’s imports rose 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.
China’s LNG imports are expected to significantly rise in the next five years as it as it is seeking to cut its addiction to coal to reduce pollution.
LNG World News Staff