fbpx

Type to search

China LNG Imports From US Plunge 95% Amid Ukraine War – WSJ

Beijing’s imports of liquefied natural gas (LNG) from the US between February and April plummeted 95% from a year ago


The Russia-Ukraine war has disrupted energy trade between the US and China as Beijing's imports of liquefied natural gas (LNG) from the US between February and April plummeted 95% from a year ago, the WSJ reported
China's imports of Russian LNG jumped 50% during the same period amid a slowing of its economy in the wake of a strict zero-Covid policy. Photo: Hudong Zhonghua Shipbuilding.

 

The Russia-Ukraine war has disrupted energy trade between the US and China as Beijing’s imports of liquefied natural gas (LNG) from the US between February and April plummeted 95% from a year ago, The Wall Street Journal reported, citing customs data.

China’s imports of Russian LNG jumped 50% during the same period amid a slowing of its economy in the wake of a strict zero-Covid policy, the report said, adding that the US redirected much of its energy towards Europe, which vowed to cut Russian gas imports following the invasion of Ukraine.

Read the full report: The Wall Street Journal.

 

 

ALSO READ:

 

China, Japan and US to Gain Most from Green Energy Shift: ST

China Looks To Lock In US LNG Amid Energy Crunch

US Default Fears And China Energy Crunch Darken Markets Mood

 

 

Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.

logo

AF China Bond