Energy
China’s April LNG Imports Set to Hit Eight-Year Low, Kpler Says
China’s imports of liquefied natural gas are expected to hit the lowest in eight years, according to ship-tracking data compiled by Kpler, as higher prices triggered by the Middle East war dampen demand.
Deliveries to the world’s biggest LNG importer are expected to be around 3.5 million tons in April, about 30% lower from a year earlier, according to Kpler, which tracks shipping data. If confirmed by official Chinese numbers, that would mark the lowest monthly level since April 2018.