China returned to the number-one spot among LNG importers last year, with shipments rising 12% to almost 71 million tons, Bloomberg has reported, after analyzing tanker tracking data. The rebound in LNG shipments follows a weak 2022 when high LNG prices driven by Europe’s gas crunch dampened demand and made China seek more affordable alternatives to the liquefied fuel. China is seen remaining the biggest driver of LNG demand globally in the longer term, too. According to Rystad Energy, the country will see a 20% increase in demand for liquefied…
