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LNG: Global LNG Imports and Supply Edge Higher in Week to Nov. 24: BNEF

LNG
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Global LNG imports rose 3% in the week to Nov. 24 to 7.63m metric tons driven by higher imports to India, South Korea and mainland China but partially offset by a drop in deliveries to Japan and Southeast Asia, according to BNEF.

  • India imports jumped by 0.56m tons, South Korea imports rose 0.19m tons and to mainland China increased 0.27m tons.
  • Deliveries to Japan fell 0.44m tons on the week while Southeast Asia deliveries fell 0.17m tons w/w.
  • Imports to Europe were relatively unchanged with a small decrease to Northwest Europe and Italy offset by a rise to Other Europe.
  • Global LNG supply rose by 1% on the week to 8.02m tons.
  • An increase in supply from Qatar of 0.42m tons and the US of 0.21m tons was set against declines of 0.17m tons from Australia and 0.15m tons from Malaysia.

 

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Global LNG imports rose 3% in the week to Nov. 24 to 7.63m metric tons driven by higher imports to India, South Korea and mainland China but partially offset by a drop in deliveries to Japan and Southeast Asia, according to BNEF.

  • India imports jumped by 0.56m tons, South Korea imports rose 0.19m tons and to mainland China increased 0.27m tons.
  • Deliveries to Japan fell 0.44m tons on the week while Southeast Asia deliveries fell 0.17m tons w/w.
  • Imports to Europe were relatively unchanged with a small decrease to Northwest Europe and Italy offset by a rise to Other Europe.
  • Global LNG supply rose by 1% on the week to 8.02m tons.
  • An increase in supply from Qatar of 0.42m tons and the US of 0.21m tons was set against declines of 0.17m tons from Australia and 0.15m tons from Malaysia.

 

Keep reading...Show less