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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.
LNG
Global LNG imports rose 16% in the week to June 30 to 7.86m metric tons, according to BNEF driven primarily by mainland China.
- Imports to mainland China increased 0.71m tons but June deliveries were 6% lower year on year.
- India’s imports rose 0.16m tons in the week and were 48% or 0.8m tons higher year on year in June, while the monthly South Korea imports rose 0.5m y/y despite little change on the week.
- Volumes into NW Europe and Italy edged up by 0.11m tons w/w but imports to the rest of Europe fell 0.35m tons driven by Portugal. NW Europe and Italy’s imports were almost 1.5m tons lower y/y in June.
- Global LNG exports fell 3% on the week to 7.44m tons. A drop in supply from Russia of 0.13m tons, amid planned Sakhalin-2 maintenance since mid-June, and Australia of 0.12m tons was partly offset by smaller increases from Qatar, US and Malaysia.
Source: BNEF
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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