High prices, sluggish economic growth and Covid-related controls seriously slashed China’s demand for liquefied natural gas imports last year, with volumes decreasing 19% to 64.13 million tonnes, the largest annual decline since its maiden import in 2006.

In 2021, China took delivery of 79.3 million tonnes of LNG and surpassed Japan as the world’s largest importer.

Most of the import cargoes last year were handled by terminals operated by China National Offshore Oil Corporation, PipeChina, PetroChina and Sinopec along China's southern and eastern coastlines.