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Free AccessGlobal LNG Imports to Increase 5% from Sep to Oct
Global LNG imports will increase 5% m/m to 32m tons in October as the heating season starts in the Northern Hemisphere according to Bloomberg forecasts.
- LNG supply is expected to be 33.1m tons in October boosted by higher exports from Prelude FLNG in Australia and Coral South FLNG in Mozambique.
- LNG imports into Europe are expected to rise with netbacks still favouring Europe. Higher imports are expected for Japan and South Korea from heating demand and restocking supplies while China’s LNG demand is expected to remain stable.
Source: Bloomberg
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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.