Japan could retake the lead from China as the world’s largest importer of LNG in 2022, a report issued by Banchero Costa on Wednesday claims.

In the 12 months of 2021, China’s LNG imports jumped by 17.8% year on year to 79.1m tonnes, up from 67.1m tonnes in 2020.

This increase in volume saw China overtake Japan, which in 2021 recorded a more modest 2.8% year-on-year increase to 76.5m tonnes, from 74.4m metric tonnes in 2020.