Skip to main content

China confirmed as the second largest global importer of LNG

Published by
LNG Industry,

According to Bloomberg, China's General Administration of Customs recently confirmed what LNG industry insiders have been speculating for weeks – China has passed South Korea as the world's second largest importer of LNG.

Customs data shows that China imported 38.1 million t of LNG in 2017, compared to South Korea's 37.6 million t. This contrasts to 2016 when South Korea imported 33.5 million t to China's 26.1 million t.

China's surge in demand has been driven by government efforts to improve air quality. One of the major schemes undertaken has been the transfer of millions of homes from coal power to gas. Gas consumption and importation is expected to continue to rise as these efforts persist.

Looking to the future, China could overtake Japan as the world's number one LNG importer as soon as 2025, according to Bloomberg New Energy Finance forecasts.

Read the article online at:

You might also like

 STATS Group

[WEBINAR] Digital Shipbuilding: A Transparent and Real-Time View of the Fabrication Process is Possible

In this webinar, Ismo Piirainen and David Whittle of Hexagon PPM will be discussing the digitalisation and digital transformation trends driving Industry 4.0, especially when it comes to fabrication. Register for free today »


Embed article link: (copy the HTML code below):


This article has been tagged under the following:

LNG import news China LNG news


LNG Industry is not responsible for the content of external internet sites.