27 June 2025 | Gas

LNG imports to China decline for eight consecutive months

LNG imports to China decline for eight consecutive months

According to Kpler's ship tracking data, liquefied natural gas (LNG) shipments to China continued to decline year-over-year in June. The organization estimates that this month's imports of the fuel to China may total about 5 million metric tons. If this forecast is confirmed, the decrease in the indicator against the same period of 2024 will amount to 12%.

As noted by Bloomberg, such a reduction could be caused by an increase in pipeline gas supplies and the build-up of domestic production. Also, the import volumes were affected by mild weather during the winter, which contributed to maintaining high levels of fuel reserves, and lower industrial demand in the country.

On the back of these factors, China's annual LNG imports are expected to decline for the first time since 2022.

Last year, China imported 76.65 million metric tons of LNG. For this year, according to estimates cited by Reuters, the volume of LNG imports into the country is set to be 6–11% lower. The decline is anticipated even if demand shows some recovery through the rest of 2025.

Elena Dorokhina MarketCheese
Gold sell
Period: 31.05.2026 Expectation: 600 pips
Gold sell-off targets $4,640
Today at 04:15 AM 5
Period: 31.05.2026 Expectation: 400 pips
Buying AUDUSD up to 0.7280
Today at 04:15 AM 6
Period: 13.06.2026 Expectation: 1000 pips
Go long on USDCAD with 1.38800 target in play
Yesterday at 10:48 AM 47
Period: 20.05.2026 Expectation: 100 pips
Natural gas prices are correcting within upward channel ahead of another rally
Yesterday at 09:39 AM 23
Period: 20.05.2026 Expectation: 1000 pips
Investing in NVIDIA stock with $230 in sight
Yesterday at 09:06 AM 14
Period: 20.01.2028 Expectation: 500 pips
Hot US inflation and geopolitical jitters weigh heavily on EURUSD
Yesterday at 06:26 AM 21
Go to forecasts