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LNG at Sea Edges Lower

LNG

The total estimated quantity of LNG on tankers that has not unloaded for at least 20 days decreased by 2% last week to 2.86mn tons as of 4 February, according to Bloomberg estimates.

  • Volumes remained above last year’s levels of 2.127mn tons and well above the five-year average of 1.644mn tons.
  • The estimated quantity of LNG on tankers that has not unloaded for at least 30 days also dipped to 1.051mn tons as of 4 February, down from 1.547mn tons the week prior.

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