China’s LNG Buying Rebounds as Summer Power Demand Surges

China’s imports of liquefied natural gas this month are likely to be unchanged on last year’s, Kpler has forecast, seeing arrivals of a total of 5.29 million tons, as cited by Bloomberg. The June total, however, would be an increase on May LNG imports, which stood at 4.9 million tons, as demand growth intensifies, driven by air-conditioning in the summer. The May figure was a reversal of import trends from the previous few months, which booked a series of declines amid crimped supply from the Middle East that led to significantly higher…