Russian LNG imports to China rose by one-third in September compared to the same period in 2021. Their overall imports, however, decreased by 12% in the last month, which is in line with a forecasted decrease in LNG imports for this year. Chinese imports of Russian coking coal, used in steelmaking, nearly tripled to 2.5 million tons last month from 900,000 tons in September last year. Combined imports of thermal coal and coking coal from Russia jumped by 20% year over year in Sept to nearly 7 million tons. We can see that China is taking advantage of Russian sanctions and price caps and are joined by India, who have also increased Russian imports.
- China Imports Record Levels Of LNG And Coking Coal From Russia