Supply & Demand

China sees boom in US LNG as gas imports swell

The volume of US LNG delivered to China jumped in 2017 as part of a broader strengthening in Chinese gas imports The volume of US LNG delivered to China jumped in 2017 as part of a broader strengthening in Chinese gas imports.
By Colin Shek 29 January 2018 0 29297
Sinopec's LNG terminal in Beihai, Guangxi. (Sinopec)

Chinese LNG imports from the United States surged last year as Beijing scoured the globe for supplies to fuel its coal-to-gas switching campaign. The drive for gas saw China become the world’s second-biggest importer of LNG.

The US exported 1.51 mt to China in 2017, up by 661% from 2016, according to detailed data released by China’s General Administration of Customs last week. This meant the US, one of the world’s newest LNG sellers, was the sixth-biggest supplier to China for the year. American shipments peaked...