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LNG: LNG Volumes At Sea For 20 Days Rose 11% w/w

LNG
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LNG volumes at sea for at least 20 days have risen by 11% w/w, according to Bloomberg.

  • The quantity of LNG on tankers that have not unloaded for at least 20 days rose to 3.06m tons as of March 2, up from 2.76m tons the prior week.
  • 43 LNG tankers have not unloaded for 20 days, up from a count of 39 last week.
  • Fearnley’s freight rates in the Pacific basin were $3,000/day as of last week, unchanged on the prior week, according to Bloomberg.
  • LNG Japan/Korea Market futures for April delivery were down to $14/MMBtu on Nymex on March 3, Bloomberg reports. 
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LNG volumes at sea for at least 20 days have risen by 11% w/w, according to Bloomberg.

  • The quantity of LNG on tankers that have not unloaded for at least 20 days rose to 3.06m tons as of March 2, up from 2.76m tons the prior week.
  • 43 LNG tankers have not unloaded for 20 days, up from a count of 39 last week.
  • Fearnley’s freight rates in the Pacific basin were $3,000/day as of last week, unchanged on the prior week, according to Bloomberg.
  • LNG Japan/Korea Market futures for April delivery were down to $14/MMBtu on Nymex on March 3, Bloomberg reports.