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China purchased the largest volume of LNG since the beginning of the year and for the first time this year overtook Japan
𝗠𝗮𝗿𝗶𝘁𝗶𝗺𝗲 pic.twitter.com/matN2xFeu3
— Captain Singh, FICArb, 73K (@captsingh) December 20, 2022
The #EU🇪🇺 could face a gas shortage of around 57 billion cubic meters (bcm) if #Russia🇷🇺 fully shut downs its #gas supplies and #China’s🇨🇳 #LNG imports recover to their 2021 levels- thereby limiting the availability of LNG globally, according to the @IEA. pic.twitter.com/jO81Xshm9Z
— Crystol Energy (@CrystolEnergy) December 19, 2022
Well, gee.
These sanctions didn’t work very well.
Someone should have done the math instead of just eyeballing it.
RT:
China’s imports of liquefied natural gas (LNG) increased in November versus January, according to Chinese customs data reported on Sunday, thus propelling the country past Japan to become the globe’s leading importer of the fuel.
The volume of LNG supplied to China totaled 6.42 million tons in November, although this is below the 6.9 million tons it imported last year. Japan, meanwhile, saw inbound shipments of 5.09 million tons in the same month of this year.
However, China’s LNG imports of 56.88 million tons for the first 11 months of this year were 20.1% below last year’s totals for the same period, according to official data.
It was obvious to everyone that in order for the anti-Russia sanctions to do anything, they would have had to have sanctioned China as well.
How did they not think this through?
Related: Russia’s Budget Surplus More Than Quadrupled in November, Energy Profits Booming Spectacularly
Struggling to afford heating bills, Britons turn to ‘warm banks’ to keep out the cold https://t.co/omibn9Rj4d pic.twitter.com/xtN00XMOaL
— Reuters (@Reuters) December 20, 2022
