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Global Weekly LNG Imports Fell 8% Last Week


Global LNG imports last week declined by 8% to 8.6mn tons during 15-21 January, with a slightly dip in Japanese and South Asian purchases according to BNEF.

  • Imports into JKCT last week fell by 0.32mn tons to 4.32mn tons. Japanese LNG imports fell to 1.46mn tons last week, from 1.72mn tons the week prior.
  • Shipments into NW Europe were almost stable on the week at 1.78mn tons, compared with 1.81mn tons the week prior.
  • LNG exports edged higher by 2% on the week to reach 8.1mn tons. US, Australian and Russian output each fell by two cargoes, while Qatari exports were roughly the same. Shipments from Malaysia, Algeria, Norway and the United Arab Emirates each went up by two.
  • Weekly laden LNG vessels transits via key routes stood at 22 cargoes last week, down by two cargoes on the week. No LNG tankers passed the Suez Canal last week, while voyages via the Cape of Good Hope increased to by one to 20. Panama Canal crossings remained unchanged on the week at two.

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