News
China’s June LNG Imports Seen in Line With Last Year, Kpler Says
China’s imports of liquefied natural gas are expected to be flat from a year earlier in June, according to ship-tracking data compiled by Kpler, as the nation boosts buying due to lower domestic gas production and as summer cooling demand peaks.
The country is expected to have bought about 5.29 million tons of the super-chilled fuel this month, according to Kpler, which tracks shipping data. That’s comparable to last year’s official shipments and comes as the world’s biggest importer steps up purchases after a contraction earlier in the year.