China's LNG Imports Drop for 13th Month, Boosting Domestic Production

Chinas LNG imports expected to drop for the thirteenth consecutive month in November, with a 5.5% decrease compared to last year. This decline is due to increased domestic production and pipeline imports. Last year, China significantly boosted LNG and pipeline gas imports, but this years demand has softened due to increased domestic production and Trumps tariffs. China is also expanding its natural gas imports from Russia through the Power of Siberia pipeline.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.