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China's LNG imports rise 29% in H1

(China Daily) Updated: 2012-07-24 10:48

China's imports of liquefied natural gas rose 29 percent in the first half from a year earlier, while purchases of coal climbed 61 percent, according to General Administration of Customs.

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China's LNG imports rise 29% in H1

LNG supplies increased to 6.7 million metric tons through June this year with the delivered unit cost of the fuel was $549 a ton, according to the data. Coal imports, excluding lignite and including metallurgical coal, climbed to 113 million tons, delivered at an average of $118.55 a ton.

Crude futures, used to price contracted supplies of LNG, averaged $113.61 a barrel in London in the first half, which in calorie equivalent terms was about $19.59 per million Btu.

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