China's gas imports approach 2025 levels in June

It is expected that China's LNG imports will remain steady in June at the same levels as last year, reaching approximately 5.29 million tons. This reflects increased purchases following a decline in domestic production, which fell by 2.1% in May due to field disruptions and maintenance work, with inventories dropping to 46%. Factors such as rising temperatures and reduced supplies from the Arabian Gulf have boosted demand for gas, despite some buyers preferring pipeline gas to cut costs. Demand is expected to stay high until August, then decline in the last quarter as domestic production resumes.

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