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Global Weekly LNG Imports Rose Driven by Europe

LNG

Global weekly LNG imports totaled 7.4mn tons during 2-8 October, up by 9% on the week, driven by higher flows to Northwest Europe and Italy that rose to the highest since August according to BNEF.

  • LNG imports into Northwest Europe and Italy rose by 0.26mn tons on the week to 1.43mn tons. Deliveries to the rest of Europe increased by 0.40mn tons to 0.86mn tons, driven by shipments to Spain.
  • South Korean imports also rose on the week to 0.85mn tons, up from 0.58mn tons the week prior, while flows into Japan dipped by 0.16mn tons on the week to 1.32mn tons.
  • Global LNG exports edged up by 1% on the week to 7.7mn tons as of 8 October. US LNG exports rose by 0.2mn tons to 1.73mn tons, while Qatari exports declined to 1.34mn tons, from 1.53mn tons the week prior.
  • LNG on water rose further to 4.5mn tons as of 8 October, up by 22% year on year.

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