December 23, 2018 / 6:56 AM / 6 months ago

China's LNG imports hit record in November

BEIJING, Dec 23 (Reuters) - China’s liquefied natural gas (LNG) imports hit record levels in November, customs data showed on Sunday, with traders rushing to buy the fuel as households and businesses crank up their heating over the freezing winter months.

LNG imports totaled 5.99 million tonnes in November, up 48.5 percent from the same month last year, data from the General Administration of Customs showed.

That surpassed the previous record of 5.18 million tonnes hit in January this year.

China has been pushing to switch parts of the country to gas for heating, shifting away from coal as it pushes to clean up its environment.

For the first 11 months of 2018, LNG imports were up 43.6 percent from a year earlier to 47.52 million tonnes, on track to beat 2017’s annual record of 38.13 million tonnes.

Meanwhile, Chinese exports of gasoline and diesel fell in November from the year before, the data showed, with local refiners reducing production as profit-margins fall.

China exported 1.23 million tonnes of diesel in November, down 37.5 percent year-on-year.

Gasoline exports last month fell 39.2 percent year-on-year to 630,000 tonnes.

Gasoline Diesel LNG August-15 466,945 722,516 1,410,515 September-15 615,191 1,110,153 1,294,633 October-15 425,901 920,444 1,602,342 November-15 569,967 910,373 1,818,266 December-15 879,181 983,736 2,101,486 January-16 592,598 728,405 2,464,482 February-16 600,854 792,422 1,852,934 March-16 670,249 1,250,466 1,701,946 April-16 707,875 1,243,443 1,886,901 May-16 777,939 1,477,201 1,425,333 June-16 1,101,365 1,097,177 2,205,365 July-16 966,528 1,533,147 1,604,499 August-16 672,347 1,066,427 2,256,637 September-16 841,312 1,603,479 2,526,507 October-16 870,807 1,355,395 1,837,738 November-16 938,215 1,472,842 2,659,154 December-16 956,608 1,784,320 3,732,529 January-17 599,355 964,962 3,436,334 February-17 1,060,901 1,322,680 2,372,283 March-17 836,275 1,913,517 1,990,681 April-17 910,712 1,230,051 2,170,564 May-17 639,799 1,232,140 2,911,285 June-17 766,340 1,308,627 3,038,231 July-17 1,022,370 1,398,697 3,120,651 August-17 908,014 1,471,891 3,140,122 September-17 568,493 1,184,366 3,453,923 October-17 969,777 1,208,635 3,566,948 November-17 1,042,499 2,025,526 4,055,826 December-17 1,229,960 1,994,174 5,028,795 January-18 995,551 1,284,385 5,184,095 February-18 870,172 1,041,824 3,992,638 March-18 1,697,936 2,376,053 3,254,447 April-18 1,210,000 1,820,000 4,390,000 May-18 1,470,000 2,000,000 4,150,000 2018/6/31 1,180,000 1,610,000 4,000,000 July-18 890,000 1,540,000 4,150,000 August-18 1,260,000 1,580,000 4,710,000 September-18 730,000 1,030,000 4,370,000 October-18 650,000 1,440,000 4,600,000 November-18 630,000 1,230,000 5,990,000 December-18 gasoline diesel LNG (Reporting By Norihiko Shirouzu; editing by Darren Schuettler)

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