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China's LNG imports rise

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LNG Industry,

Reuters are reporting that China’s imports of LNG in October nearly doubled from the same month a year ago to the second highest on record, as companies boosted imports of the fuel ahead of the winter heating season.

LNG imports rose 95.7% from a year earlier to 3.57 million t, second only to a record 3.73 million t in December.

The surge in demand is luring spot cargoes from places such as Norway and Nigeria that are not traditional LNG sources for China.

Shipping data shows a 151 000 m3 cargo from Nigeria is due to arrive in China early December, the third from the West African exporter this year.

The customs data showed that China’s imports for the first 10 months of the year climbed 47.9% from the same time a year ago to 29.09 million t.

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