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    China's gas imports rise 13% in January-July

Summary

In July alone, imports totaled 10.85mn tonnes.

by: Shardul Sharma

Posted in:

Complimentary, Natural Gas & LNG News, Asia/Oceania, Liquefied Natural Gas (LNG), Security of Supply, News By Country, China

China's gas imports rise 13% in January-July

China's natural gas imports, via pipeline and as LNG, reached 75.44mn tonnes from January to July, marking a 12.9% increase year/year, according to data released by the customs department on August 7.

In July alone, imports totaled 10.85mn tonnes, indicating sustained growth in gas imports. The surge in natural gas imports is attributed to softer global LNG prices, making imports more attractive.

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S&P 2023

In 2023, China imported 119.9mn tonnes of natural gas, a 9.9% increase compared to the previous year, as reported by the department in January.