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LNG at Sea for 20 Days Fell to Lowest Since End September

LNG

The total estimated quantity of LNG on tankers that have not unloaded for at least 20 days decreased by 8.7% last week to the lowest level since end-September, while LNG at sea for 30 days edged higher on the week according to Bloomberg estimates.

  • LNG on water for 20 days was at 3.65mn tons as of 10 December, down from 4mn tons a week earlier. Levels remain well above the five-year average of 2.534mn tons and last year’s levels of 3.107mn tons.
  • In contrast, LNG at sea that has not unloaded for 30 days edged higher to 1.362mn tons as of 10 December, up from 1.344mn tons on 3 December.

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