China is expected to see in August its tenth straight month of falling LNG imports from a year earlier, as pipeline gas supply and domestic production rise. Chinese LNG imports are set to drop by 9% in August from a year earlier, to about 5.93 million tons, according to ship-tracking data by Kpler cited by Bloomberg. If this projection materializes, China would have seen 10 consecutive months of declines in LNG imports compared to the same months of the previous year. Three key drivers are depressing LNG imports into the world’s top importer…
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