SINGAPORE/SHANGHAI (BLOOMBERG) — China’s General Administration of Customs just confirmed what liquefied natural gas industry insiders have been speculating for weeks: There’s a new No. 2 in town..
SINGAPORE/SHANGHAI (BLOOMBERG) — China’s General Administration of Customs just confirmed what liquefied natural gas industry insiders have been speculating for weeks: There’s a new No. 2 in town.
China imported 38.1 million tonnes of LNG in 2017, according to customs data released on Tuesday (Jan 23). That’s more than the 37.6 million tonnes that South Korea imported last year, according to customs data that country released last week.
In 2016, South Korea imported 33.5 million tonnes to China’s 26.1 million tonnes, according to customs data.
Japan, the world’s largest importer, had shipped in 72.3 million tonnes through the end of November, according to government data.
