Supply & Demand

China’s US LNG imports to decline

China imported 2 mt of US LNG over the first 10 months of 2018, but US LNG exports to China are set to slump in Q4 China imported 2 mt of US LNG over the first 10 months of 2018, but US LNG exports to China are set to slump in Q4.
By Catriona Scott 27 November 2018 0 33457
China’s LNG imports are expected to see strong growth this year. (CNOOC)

Directional impact on forecast:
Bearish for Chinese LNG imports from the US

China imported 33% more LNG from the United States in the first 10 months of 2018 than it did in all of 2017. However, China did not import LNG from the US in October, marking the first month with no US volumes this year. While further imports from the US are expected to be received before the end of the year, the volumes look set to be considerably lower than in...