China LNG Imports Hit Highest Since Late February as Middle East Disruptions Spur Replacement Buying
Updated
Updated · Bloomberg · May 12
China LNG Imports Hit Highest Since Late February as Middle East Disruptions Spur Replacement Buying
7 articles · Updated · Bloomberg · May 12
China’s 30-day moving average for LNG imports has climbed to its highest level since late February, signaling a recovery in deliveries after a weak stretch.
Ship-tracking data compiled by Bloomberg points to buyers replacing cargoes disrupted by the conflict in the Middle East, lifting recent import volumes.
The rebound remains incomplete: the 30-day average is still below China’s five-year norm, though the shortfall has narrowed to about half its early-April level.
Why is China scrambling for LNG imports now if its demand is projected to crash by 2030?
Is a $255 billion LNG investment bubble about to burst from a looming global supply glut?
Can President Trump’s ‘Project Freedom’ reopen the Strait of Hormuz, or will it trigger a wider war?