MNI: US OCT FINAL SRVCS PMI 55.0 (FLASH 55.3); SEP 55.2

MNI BRIEF: E20 Billion Banking Exposure To Spain Flooding -BoS

MNI BOE WATCH: MPC To Cut, Doubts Over Fast Easing

MNI CNB WATCH: 25bp Cut To 4.00% Seen, Fresh Projections Due

MNI China Daily Summary: Tuesday, November 5

MNI BRIEF: China NPC Press Conference Set For Nov 8

EZ/UK Bond Supply Calendar: 15/20-Year Bunds Due Wednesday

MNI: US ISM OCT SERVICES COMPOSITE INDEX 56

MNI: US REDBOOK: OCT STORE SALES +5.5% V YR AGO MO

EUROPEAN FISCAL: DE 2025 Budget Gap Grows; Political Risk Is Rising

CANADA: Politics Week: Trudeau Facing More Internal Dissent And Departures

CANADA: Politics Week: Trudeau Faces More Pressure To Resign

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

LNG: Global LNG Demand Rose 18% in Week to Nov. 3 Driven by Asia: BNEF

LNG
Energy BulletsBulletPower BulletsCommodities

Global LNG demand increased 18% in the week to Nov. 3 to 8.35m metric tons driven by supply to Asia and the Americas, according to BNEF.

  • JKCT impots rose 0.81m tons with a 0.38m increase to Japan and 0.41m tons increase to mainland China. October deliveries into South Korea were 54% higher year on year, mainland China imports were 25% higher but Japan deliveries fell 10% y/y.
  • Southeast Asia deliveries rose 0.15m tons w/w and to the Americas increase 0.39m tons.
  • Delivery to Northwest Europe edged slightly lower in the week but were offset by an increase to other Europe. October deliveries to NW Europe were 18% lower year on year.
  • Global LNG supply remained relatively unchanged on the week at 7.75m tons.
  • An increase from Australia of 0.4m tons was offset by a drop of 0.22m tons from Qatar and 0.22m tons from the US.

 

Keep reading...Show less
143 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Global LNG demand increased 18% in the week to Nov. 3 to 8.35m metric tons driven by supply to Asia and the Americas, according to BNEF.

  • JKCT impots rose 0.81m tons with a 0.38m increase to Japan and 0.41m tons increase to mainland China. October deliveries into South Korea were 54% higher year on year, mainland China imports were 25% higher but Japan deliveries fell 10% y/y.
  • Southeast Asia deliveries rose 0.15m tons w/w and to the Americas increase 0.39m tons.
  • Delivery to Northwest Europe edged slightly lower in the week but were offset by an increase to other Europe. October deliveries to NW Europe were 18% lower year on year.
  • Global LNG supply remained relatively unchanged on the week at 7.75m tons.
  • An increase from Australia of 0.4m tons was offset by a drop of 0.22m tons from Qatar and 0.22m tons from the US.

 

Keep reading...Show less