Q-Flex vessel at the ENN Zhoushan LNG terminal in China

China’s May LNG imports up 19 percent

Business Developments & Projects

China, the world’s largest energy consumer, boosted its imports of liquefied natural gas by 19 per cent in May.

Q-Flex vessel at the ENN Zhoushan LNG terminal in China
Q-Flex vessel at the ENN Zhoushan LNG terminal in China
Q-Flex vessel at the ENN Zhoushan LNG terminal in China (Image: Qatargas)

LNG imports totalled 5.23 million tonnes last month, data from the General Administration of Customs showed on Tuesday.

In the January-May period, the country imported 25.48 million tonnes of chilled fuel, a year-on-year rise of 7 per cent.

On the other side, China’s pipeline gas imports dropped 16.6 per cent to 2.61 million tonnes.

In the five-month period, piped imports reached 4.75 million tonnes, down 30 per cent, the data shows.

China is currently the world’s second-largest importer of LNG behind Japan but this could change this year.

Japan’s May LNG imports dropped almost 19 per cent to 4.51 million tonnes as the Covid-19 pandemic stopped economic activity.

This represented an 11-year low in monthly volumes and a fifth monthly drop in volumes this year.