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Posted February 23, 2018Today in Energy

China becomes world’s second largest LNG importer, behind Japan ›

China surpassed South Korea to become the world’s second largest importer of liquefied natural gas (LNG) in 2017, according to data from IHS Markit and official Chinese government statistics. Chinese imports of LNG averaged 5 billion cubic feet per day (Bcf/d) in 2017, exceeded only by Japanese imports of 11 Bcf/d. More

top five LNG importers, as explained in the article text

Source: GIIGNL LNG reports (2013-16), Global Trade Tracker export-import trade statistics (2017), and IHS Markit


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Data Highlights

WTI crude oil futures price

2/22/2018: $62.77/barrel

up$1.43 from week earlier
up$9.18 from year earlier

Natural gas futures price

2/22/2018: $2.634/MMBtu

up$0.054 from week earlier
up$0.042 from year earlier

Weekly coal production

2/17/2018: 15.572 million tons

up0.419 million tons from week earlier
down0.942 million tons from year earlier

Natural gas inventories

2/16/2018: 1,760 Bcf

down124 Bcf from week earlier
down609 Bcf from year earlier

Crude oil inventories

2/16/2018: 420.5 million barrels

down1.6 million barrels from week earlier
down98.2 million barrels from year earlier


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