It’s official: China is now world’s No. 2 LNG importer

China’s imports of liquefied natural gas (LNG) surged 42.3 percent to 39 million tonnes in 2017, according to the General Administration of Customs data.

This confirmed that China took over South Korea as the world’s second-largest LNG importer last year.

To remind, South Korea imported 37.5 million mt of LNG in 2017, a rise of 12.2 percent as compared to 33.4 million tonnes the year before.

Chinese LNG imports have been rising steadily as the country is pursuing its plan to cut addiction to coal to reduce pollution.

In December, China’s imports LNG hit a monthly record of 5.03 million tonnes boosted by winter demand, customs data showed.

These LNG imports rose 24 percent as compared to November’s previous record of 4.056 million tonnes, and were up 35 percent from a year earlier.

The country is continuing to import record volumes of the fuel and has reportedly snapped up about 60 cargoes, totaling over 4 million tons of LNG for delivery before a new cold snap expected in mid-February.

 

LNG World News Staff

Share this article

Follow LNG World News

Posted on January 23, 2018 with tags .

Events>

<< Mar 2019 >>
MTWTFSS
25 26 27 28 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

LNG2019

LNG2019 is presented by the IGU, GTI and IIR, supported by the Shanghai Government and hosted by China LNG Association, China Gas Society, The Chinese Association of Refrigeration and China Gas Association.

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

Meet with the Gas, LNG & Power Industry in Brazil & the Americas

read more >

Downstream 2019

Renowned as the most significant global meeting place for Downstream professionals…

read more >