Back to today’s briefing

Story perspectives

China's Gas Demand Dips as Coal Imports Soar

1/14/2025

50 11

Summary

Story summary

China's natural gas demand is waning as its economy cools, with a notable shift towards coal and renewables. While gas imports climbed nearly 10% in 2024, the appetite for liquefied natural gas (LNG) has plummeted. In contrast, coal imports skyrocketed 14.4%, reaching record levels, fueled by plummeting international prices and robust domestic output.

1 of 1

Story summary

China's natural gas demand is waning as its economy cools, with a notable shift towards coal and renewables. While gas imports climbed nearly 10% in 2024, the appetite for liquefied natural gas (LNG) has plummeted. In contrast, coal imports skyrocketed 14.4%, reaching record levels, fueled by plummeting international prices and robust domestic output.