Thursday, 27 February 2014 22:27

China's LNG imports up 77% year on year

299 ChinaLNG

Qatargas’ Q-Flex class LNG carrier Al-Gharrafa delivers a
commissioning cargo to Tangshan Caofeidian LNG Terminal

China’s LNG imports have risen by a staggering 77% year on year to January 2014 and are now running at an annualized 2.7 million tons. One reason for this is the increase in the sheer number of LNG import terminals commissioned over the past 12 months. Most recently, PetroChina initiated its Tangshan LNG plant on December 11 and China National Offshore Oil Corp.’s Tianjin floating LNG terminal received its first cargo on January 22.

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