2025-04-08 06:35:00
U.S. LNG FOR CHINA DOWN
BLOOMBERG- Apr 7, 2025 - China hasn’t imported liquefied natural gas from the US for 60 days, the longest gap in five years, as worsening relations between Beijing and Washington lead the nation’s buyers to divert shipments.
No US shipments are currently heading to China, according Kpler, an analytics firm that tracks ship data.
During US President Donald Trump’s first term, China didn’t take a shipment from the US for about 400 days through April 2020, according to ship-tracking data compiled by Bloomberg.
“Zero LNG trade between China and the US is likely to continue for the rest of 2025, with a further increase in China’s tariff on US LNG from the previous 15% to 49%, as a counterstrike against Trump’s steepest tariffs,” said Wei Xiong, head of China gas research at Rystad Energy. “In the meantime, we expect to see more reselling by Chinese companies,” she added.
The current geopolitical conflict is beginning to decouple the world’s biggest LNG seller and buyer. Beijing slapped a 15% tariff on US LNG shipments from Feb. 10 in retaliation to American levies, which was further exacerbated last week by another set of Chinese levies on all imports from the US.
Chinese LNG buyers receive US shipments under binding long-term contracts. The past mild winter and robust inventories mean that China isn’t in any dire need of LNG, giving the country’s traders more flexibility to resell US supply to rivals in Europe and Asia.
The move has been a relief for Europe, which needed more LNG to refill inventories and replace the loss of Russian pipeline gas deliveries.
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Earlier:
2025, March, 27, 06:45:00
LNG FOR CHINA DOWN
LNG suppliers have invested billions in new export projects on the assumption that China, the world’s top buyer, will underpin demand growth for decades.
2025, March, 27, 06:40:00
U.S. LNG EXPORTS UP
“The benefits of expanding U.S. LNG exports have never been more clear, and I am proud to be taking action to support the American people and our allies abroad with more affordable, reliable, secure American energy,”
2025, March, 19, 06:40:00
CHINA WITHOUT U.S. LNG
China is also boosting its energy security by focusing on producing more gas at home, which will help to curb import growth.
2025, February, 13, 06:25:00
INDIA'S LNG IMPORTS WILL DOUBLE
Demand for the super-cooled fuel from the world’s fourth-largest buyer will rise to an annual 64 billion cubic meters by 2030, up from 36 billion last year, according to the IEA’s latest report on the Indian gas market, published on Wednesday.
2025, February, 13, 06:15:00
JAPAN NEED LNG
Japan imported 6.34 million mt of US LNG in 2024, accounting for 9.6% of the country's total LNG imports of 65.89 million mt, according to data from the Ministry of Finance.
2025, January, 29, 06:55:00
RUSSIAN OIL, GAS FOR CHINA
Chinese customs also reported that for the ten-month period from January to October 2024, China-Russia bilateral increased by 2.8% compared to the same period in 2023.
2024, December, 17, 06:55:00
RUSSIAN OIL, GAS FOR CHINA
Consequently, Russia will increasingly rely on China and boost energy exports, particularly crude oil and natural gas, in 2025,
2024, September, 3, 06:55:00
GLOBAL GAS DEMAND RISE
Global gas demand sustained its growth in 2023, increasing 59 Bcm (1.5%) from 2022. This trend is expected to continue in 2024 with a further estimated ~87 Bcm (2.1%) rise in demand.
