Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

China LNG imports surge to record amid winter heating crunch

byCT Report
26/12/2017
in Latest News
Share on FacebookShare on Twitter

BEIJING: China imports of liquefied natural gas in November surged 53% to a record as the nation scrambles to meet fuel shortages amid peak winter demand and government’s drive to cut coal use.

LNG imports rose 53% from the same month last year to 4.06 million metric tons, according to data posted Saturday on the website of the General Administration of Customs. Shipments in the first 11 months of the year are up 48.4%. Pipeline gas imports advanced 27.4% to 2.5 million tons “Terminal operators have been maximizing their capacities to import as much as they can,” Liu Guangbin, an analyst with SCI International, said before the data release. The world’s largest energy user is facing a winter supply crunch after demand surged this year amid President Xi Jinping’s fight against smog, which has focused on cutting the use of coal in favor of cleaner-burning gas. Parts of the country started facing shortages just two weeks into winter, with Hebei and Shandong provinces in the north and central Hubei reporting supply shortfalls last month and curtailing supplies to businesses and factories in order to keep homes warm. The National Development & Reform Commission, China’s top economic planner, last week reiterated its call for gas suppliers including China National Petroleum Corp. and China National Offshore Oil Corp. should speed up LNG imports to meet winter demand.

You might also like

PM Shehbaz directs FBR to accelerate tax reforms

10/08/2026

World Bank’s Rs115b Balochistan flood project restructured

10/08/2026

 

Related Stories

PM Shehbaz directs FBR to accelerate tax reforms

byCT Report
10/08/2026

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Federal Board of Revenue (FBR) to further accelerate the implementation of ongoing...

World Bank’s Rs115b Balochistan flood project restructured

byCT Report
10/08/2026

QUETTA: The government has restructured a Rs. 115 billion World Bank-funded flood rehabilitation project in Balochistan amid allegations of mismanagement...

BoP set to issue Rs30b shares to Punjab govt in major equity move

byCT Report
10/08/2026

LAHORE: The Bank of Punjab (BoP) has just announced a massive financial move. The bank plans to issue up to...

xr:d:DAFGZLzySpE:597,j:42004660331,t:22112408

Future belongs to entrepreneurs who embrace AI, biotechnology: President ICCI

byCT Report
10/08/2026

ISLAMABAD: President Islamabad Chamber of Commerce and Industry (ICCI), Sardar Tahir Mehmood, has called for a fundamental transformation in Pakistan’s...

Next Post

Thailand approves tax incentive in bid to to boost domestic tourism

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.