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Chinese Gasoline Exports Rise 97.4% in August y-o-y

OIL PRODUCTS

Chinese gasoline exports rose 97.4% from a year earlier in August according to customs data released on Sunday.

  • Gasoline exports came in at 1.12 million tonnes last month, while volumes for the January to August period were 30.4% lower than the corresponding period last year.
  • Diesel exports were at 830,000 tonnes, up 51.8% from August 2021 - exports for the January to August period reached 3.25 million tonnes, down 78.3% on the same period last year.
  • Jet fuel exports declined15.4% in August from the same period last year to 780,000 tonnes. Jan-Aug exports were 4.4% higher than the year before at 5.54 million tonnes.
  • Chinese LNG imports fell in August by 28.1% from a year earlier to 4.72 million tonnes. LNG imports during the first eight months of the year were down 21.3% from the same time a year ago at 40.64 million tonnes.

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