Chinese imports of liquefied natural gas rose 8.3 per cent year on year in June, while the country purchased nearly 30 per cent more coal in the month.
The value of LNG imports rose by 8.2% to $1.81 bln
The value of the shipments increased by 31.1% to $33.13 bln
China's June imports from the Middle East, excluding Iran, fell sharply from a year ago, making imports from Russia even more crucial.
China increased LNG imports for a second straight month in June, tightening the global market as buyers prepare for stronger summer demand and ongoing Middle East supply disruptions.
China's crude oil imports reportedly fell by 5 million barrels per day, stabilizing global prices and sending ripple effects through energy and
China increased LNG imports for a second straight month in June, tightening the global market as buyers prepare for stronger summer demand and ongoing Middle East supply…