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LNG at Sea Rose to Highest Since End November

LNG

The total estimated quantity of LNG on tankers that have not unloaded for at least 20 days increased by 14% over the last week to 4.48mn tons as of 8 October, according to Bloomberg estimates.

  • Levels are currently 22% up on the year and nearly twice the 2018-2022 average for the same period.
  • Floating cargoes from the US rose by three and those from Russia and Qatar were up by one each, while Australian shipments on water were unchanged from the previous week according to BNEF.

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