GreenergyDaily
Apr. 28, 2025
1. China has re-exported more than 280,000 tons of liquefied natural gas so far in April, the highest volume ever in a single month, according to ship-tracking data compiled by Bloomberg.
2. That is equivalent to 7.7% of total imports for the month, the data shows. The high volume of re-exports is likely spurred by weak domestic demand, as a mild winter and robust inventories mean that China is not in any dire need for the super-chilled fuel. The nation may also benefit from higher prices abroad.
3. Meanwhile, imports of the fuel are also set to fall this month, extending a slump in buying activity for a sixth month.
4. Exporting shipments from Chinese ports is rare but the nation has leaned into the practice since November, with the volume increasing from the start of the year, according to Bloomberg data. Prior to November, the last time the country re-exported shipments was in January 2024.
5. Kpler, an analytics firm that tracks ship data, shows that China exported about 160,000 tons in April.