Oil & Gas
Added Jan 21, 2021

Infographic: China's LNG momentum: How long will it last?

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Key Takeaways:

  • China's seaborne LNG arrivals in 1H January 2021 are up by 10% from the same time last month as cold winter temperatures drive up power demand.
  • Imports by top 3 provinces - Tianjin, Guangdong and Zhejiang - are up at least 15% in January vs. full month January last year. 
  • But soaring Asian LNG spot premiums are starting to deter Chinese importers, reflected in a slowdown in January's LNG loadings and ton miles demand to China. 

 

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