Daily Energy Report
China LNG imports, US/China ethane, North Sea investment, Brazil green fail, Green steel fail, UK bioethanol victim, Japan/US LNG deals, Slovakian “no”, Shell eyes BP, CO2 emissions rise, and more.
June 26, 2025
Note: There will be no Daily Energy Report tomorrow.
Chart of the Day
Bloomberg: China LNG Imports Set to Fall for Eighth Month, Kpler Data Show
Summary
China's LNG imports are expected to decline for the eighth consecutive month, with June imports projected to be about 12% lower than last year. Increased piped gas from Russia and Central Asia, growing domestic production, and high spot prices are driving this decline, though warmer weather may boost demand in the coming months.
Figure (1) shows trends in China’s LNG imports by source. Most of its imports come form Australia and Qatar. The Figure shows how imports declined in 2025.