China purchases three Sakhalin LNG cargoes in August Robust power consumption boosts gas demand Drought in Sichuan spurs gas-fired power plant load China’s LNG imports from Russia reached a 22-month high of about 611,000 mt in August, shipping data from S&P Global Commodity Insights showed, due to China’s continued reliance on Russian cargoes despite Western sanctions following Ukraine’s invasion. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now China imported six LNG cargoes of about 71,000 mt each from Russia’s Yamal LNG terminal and three cargoes of about 62,000 mt each from the Sakhalin LNG terminal, according to the shipping data. The Yamal cargoes are estimated to be mostly term contract volumes with about 15.7 million mt/year contracted out of the 16.5 million mt/year volume, while the Sakhalin cargoes were bought in the spot market via tenders, market sources said, adding that the […]