China’s LNG Imports Fall for 13th Straight Month as Domestic Output Surges

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China's LNG imports are expected to decline for the 13th consecutive month due to increased domestic production and pipeline imports, with a 5.5% year-over-year decrease projected for November.

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Market impact analysis based on bearish sentiment with 81% confidence.

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China’s imports of liquefied natural gas are set to decline for the 13th month in a row in November amid higher domestic production and pipeline imports, Bloomberg has reported, citing Kpler data. The country’s November total in imports is seen at 5.81 million tons, which would be a 5.5% decline from a year ago, Kpler said. The decline would be significantly smaller than the ones registered for the previous two months, both of which were at over 10% on the year. Last year, China saw a surge in LNG and pipeline gas imports as it sought…

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