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China: Energy Peaks
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  • China January-September 2017 energy imports:

    • oil - 12,2% rise
    • gas - 22,3%
    • coal - 10,8%
  • More updates

    China’s natural gas imports in November rose to a record. November gas arrivals, including pipeline imports and liquefied natural gas (LNG) shipments, hit 6.55 million tonnes, breaking a previous record of 6.1 million tonnes last December.

    An aggressive government campaign to heat millions of homes and fuel industrial boilers with gas has pushed domestic LNG prices to record highs, with some industrial and commercial users facing shortages or unable to afford the high cost.

    Crude oil imports rose to 37.04 million tonnes in November, or 9.01 million barrels per day (bpd), up from 7.3 million bpd the previous month, and the second-highest level in history.

    Stronger imports have been supported by firm refining margins after China raised domestic fuel prices twice in November.