Russia Becomes China's Second-Largest LNG Supplier, Doubling Deliveries in November
NATURAL GAS
Russia has become China's second-largest LNG supplier, with deliveries reaching 1.6 million metric tonnes in November, a significant year-over-year increase driven by Novatek's Arctic LNG 2 project. However, China's LNG imports are expected to decline by 16% by 2025, indicating potential shifts in demand. Meanwhile, various energy companies are making significant acquisitions, and geopolitical tensions continue to affect supply chains.

Dec 24, 2025, 6:59 AM