China imports 4.71m tonnes of liquefied natural gas in August

Time:2018-09-23 14:19:00      Source:Xinhua
China imported 4.71 million tonnes of liquefied natural gas (LNG) in August, up 51.5 percent year on year, the country's customs authority said Sunday.

Total LNG imports in the first eight months reached 32.63 million tonnes, up 47.8 percent year on year, according to the General Administration of Customs.

China surpassed the Republic of Korea to become the world's second-largest importer of LNG in 2017, according to IHS Markit, a global marketing information company.

China's imports of natural gas have grown to meet increasing domestic consumption, primarily driven by environmental policies to replace coal-fired electricity generation.

An industry report says, the country is likely to surpass Japan to become the world's largest natural gas importer by 2019, with imports expected to reach 171 billion cubic meters by 2023, mostly LNG.

Index RMB/t DoD Basis Date
Datong 5500 450 0 ex-mine 06-13
Shuozhou 5200 435 0 FOR 06-13
Ordos 5500 415 0 ex-mine 06-13
Yulin 6200 535 0 ex-mine 06-13
Liulin Low-sulphur 570 0 ex-mine 06-13
Gujiao Low-sulphur 1095 0 FOR 06-13
Xingtai Low-sulphur 1210 0 ex-Factory 06-13
Yangquan PCI 770 0 FOR 06-13
Index RMB/t WoW WoW% Date
Qinhuangdao 620.0 -38.0 -5.78 06-12
Caofeidian 528.0 -39.0 -6.88 06-12
Huanghua 178.3 -12.0 -6.31 06-12
Guangzhou 290.0 13.0 4.69 06-12
coastal 6PPs 1629.8 44.7 2.82 07-02
North Ports 2697.8 53.0 2.00 02-01
Yangtze River delta 1242.5 -74.7 -5.67 02-01
South Ports 2233.4 -216.0 -8.82 02-01
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