China imports record volume of natural gas in May
06:27 14.07.2023 8893
China imported 13.51 billion cubic meters of natural gas in May 2023, including pipeline supplies and LNG. This figure is a historical maximum for May.
Demand in May 2023 is 19% higher than May 2022, according to Chinese customs. It is also important that it significantly exceeded imports in May 2021 (13.28 billion cubic meters), when anti-COVID measures were gradually weakened.
One of the main drivers of the global energy market in 2023, after the lifting of restrictive measures, is precisely the growth of the Chinese economy. A more detailed foreign trade summary, broken down by LNG and pipelines, and broken down by country, will be released by national customs in the coming weeks.
China receives pipeline gas from five suppliers: Russia, Turkmenistan, Kazakhstan, Uzbekistan and Myanmar, Interfax writes.
In May 2023, the average cost of gas imports decreased to $373 per thousand cubic meters, which is the lowest value in the last 22 months – since August 2021.
At the auction, products of the State Corporation “Turkmennebit” and “Turkmenchemistry” were sold for foreign currency
14 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.
Turkmenistan and Russia are not competitors in the field of gas supplies to China, - Russian Ambassador
Russia and Turkmenistan are not competitors in the field of gas supplies to China. This was stated by Russian Ambassador to Ashgabat Ivan Volynkin in an interview with TASS.
Trade turnover between Turkmenistan and China in the first half of the year increased by 12.3%
In the first six months of 2023, the trade turnover between Turkmenistan and China increased by 12.3% compared to the same period last year, amounting to about $5.55 billion, according to the General Administration of Customs of China.
The Presidents of Turkmenistan, Tajikistan and Uzbekistan will discuss the prospects for cooperation at the summit in Ashgabat
Today, August 4, a summit of the heads of state of Turkmenistan, Tajikistan and Uzbekistan will be held in Ashgabat. In the morning, President of Uzbekistan Shavkat Mirziyoyev and President of Tajikistan Emomali Rahmon arrived in the Turkmen capital, according to TDH.
The Ambassador of Turkmenistan to Belgium confirmed Ashgabat’s readiness to strengthen partnership with the EU in the field of energy
Ashgabat’s readiness to strengthen cooperation with the European Commission in the energy sector was announced by Ambassador Extraordinary and Plenipotentiary of Turkmenistan to Belgium Sapar Palvanov at a meeting with President of the European Commission Ursula von der Leyen. This is reported by the website of the Foreign Ministry of Turkmenistan.