Slowdown in Chinese gas output offset by imports

Gas production in China. (Sinopec)

China’s gas output grew at its slowest pace for more than a year in July, but imports compensated by rising at their fastest rate in three months, according to figures released on Wednesday by the National Bureau of Statistics.

China produced 13.9 billion cubic metres of gas last month, an increase of 6.1% year on year but the slowest gain seen since June 2018, according to the bureau. Combined imports of LNG and pipeline gas rose by 7.0%, to 7.89 mt, which is...