Global Markets: China’s 2018 LNG imports surge to record

China, the world’s second-largest importer of LNG, is continuing to boost its imports of the chilled fuel and has reached a new record high as it is pursuing its strategy for cleaner air.

China imported 53.7 million tonnes of LNG in 2018, a rise of almost 38 percent compared to 2017 when China has surpassed South Korea as the world’s second largest LNG importer.

The country received almost 10 million tonnes of LNG more than South Korea that imported a record 44 million tonnes of the chilled fuel last year.

In December alone, Chinese LNG imports rose 25.9 percent to 6.29 million tonnes, logging a record for monthly LNG imports.

LNG World News Staff