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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
LNG
Global LNG exports rose 5% to 7.44m metric tons while imports fell in the week to 18 June according to Bloomberg.
- Australian supply increased by 0.3m tons to offset a decline in Malaysian exports. The US and Qatar only gained the equivalent of one and two cargoes while Egypt hasn't exported cargoes since late May possibly due to falling gas production.
- Total imports fell 3% on the week to 7.48m tons with supply to NW Europe and Italy down 0.2m tons and the rest for Europe down 0.4m tons led by Spain. NW Europe imports were about 28% below the same period last month. Imports to JKCT fell by almost 0.2m tons but the Americas saw supply rising 0.5m tons.
- LNG volumes at sea fell 10% over the last week to 2.47m tons on 18 June down from 2.75m tons the previous week and from a peak of 3.43m on 14 May.
Source: Bloomberg
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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