China LNG imports down in 2015

LNG imports into China reached 19.63 million tonnes in 2015, down 1 percent year on year, according to the General Administration of Customs data.

China, the world’s largest energy consumer, imported 2.1 million tonnes of liquefied natural gas in December, an increase of 4.6 percent, the data showed.

The National Development and Reform Commission (NDRC) of China announced in September 2015 it will slice domestic gas prices to help boost demand for LNG and pipeline supplies.

China’s LNG importers have been struggling last year due to the country’s weak demand for the fuel amid an economic slowdown.

High inventories and low domestic demand prompted China’s CNNOC to sell some long-term LNG volumes onto the spot market.

 

LNG World News Staff

 

Share this article

Follow LNG World News

Posted on January 22, 2016 with tags .

Events>

<< Jan 2020 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Mar 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills…

read more >

American LNG Forum 2020

The American LNG Forum is your gateway to learning about the US LNG export industry,

read more >

2nd Global LNG Forum

Global LNG Forum is an exclusive networking and knowledge-sharing platform for top experts and business leaders in the industry.

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – Houston / Feb 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >