Global Markets: LNG imports into Northeast Asia climb to record high in December

Global Markets: LNG imports into Northeast Asia climb to record high in December

LNG imports into China, Japan, South Korea and Taiwan, have climbed to 20.5 million tonnes so far in December, 5 percent higher than the previous monthly record of 19.5 million tonnes back in January.

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Sustainability: “China plans more nuanced anti-coal pollution measures in 2019” – ministry

Sustainability: “China plans more nuanced anti-coal pollution measures in 2019” – ministry

China will adopt more efficient and targeted measures during its campaign against pollution next year, but will not relax the targets or ease the crackdown on violators, the environment ministry said in a statement on Monday night. The push for new measures follows an annual meeting of top leaders last week which noted that the world’s second-largest economy is facing downward pressures. “We will coordinate environmental protection with economic development and avoid simple and brutal…

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Global Markets: China‘s hunger for LNG confounds all forecasts

Global Markets: China‘s hunger for LNG confounds all forecasts

The growth in China’s LNG imports is fundamentally driven by the government. The prospects for the LNG market have changed dramatically in the last two years as China has more than doubled its LNG imports, confounding all expectations, according to the Petroleum Economist.

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Global Markets: China’s Oil Inventories Rise 416.7% In One Month

Global Markets: China’s Oil Inventories Rise 416.7% In One Month

Crude oil stockpiles in China rose by 29.09 million barrels last month from a month before and are likely to continue up, S&P Global Platts calculations have suggested. The inventory build was a result of rising imports combined with lower refinery activity, which led to the 416.7-percent surge in October from September.

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