China’s Oct LNG imports rise YoY

chinas-oct-lng-imports-rise-yoy

Liquefied natural gas imports into China, the world’s largest energy consumer, rose 15.1 percent in October year-on-year, according to the General Administration of Customs data.

China imported 1.84 million mt of the chilled fuel in October, as compared to 1.6 million mt in 2015, the data shows.

According to the data, China paid about US$645 million for LNG imports in October, down 2.2 percent on year.

The LNG import figures in the January-October period rose 25.4 percent on year.

The data reveals that China imported 19.7 million mt of the chilled fuel in the mentioned period as compared to 15.7 million mt the year before.

China started importing LNG in 2006 and is currently the world’s third largest LNG importer– representing about 8% of global LNG imports in 2015.

The country’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

Share this article

Follow LNG World News

Events>

<< Aug 2019 >>
MTWTFSS
29 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

5th CWC China LNG & Gas International Summit & Exhibition

5th CWC China LNG & Gas International Summit & Exhibition will return 16 – 17 October 2019, bringing together the key players…

read more >

LNG Pricing, Trading & Hedging Houston

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >

Offshore Energy Exhibition and Conference 2019

The three-day event includes an exhibition where an expected 600+ supply chain companies will showcase their products and services.

read more >