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Free AccessGlobal Weekly LNG Imports Edged Higher Last Week
Global weekly LNG imports increased by 2% to 8.5mn tons during 29 January and 5 February amid higher shipments into Japan and South Korea according to BNEF.
- Shipments into JKCT rose by 0.37mn tons to 4.95mn tons.
- Japanese imports rose to 1.67mn tons last week, up from 1.31mn tons the week prior. Shipments into South Korea rose by 0.34mn tons to 1.34mn tons. China imports dipped by 0.17mn tons to 1.60mn tons last week.
- Imports into NW Europe and Italy edged lower by 0.14mn tons to 1.31mn tons.
- Global weekly LNG supply increased by 7% to 8.7mn tons, amid a recovery in US output.
- LNG exports out of the US rose to 2.15mn tons, up from 1.94mn tons, as the outage at the Freeport terminal does not appear to hamper exports yet.
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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.