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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.
LNG
Global LNG imports remained relatively flat in the week to May 19 at 7.44m metric tons, according to BNEF.
- Deliveries to mainland China fell 0.37m tons but with month to date imports close to year ago levels but South Korea imports increased by 0.26m tons.
- Northwest Europe and Italy saw deliveries fall by almost 0.37m tons, driven by 0.3m tons less LNG into France but the rest of Europe raised imports by 0.26m tons.
- India imports were almost unchanged at 0.66m tons and more than 19% higher year-on-year while Bangladesh imports in May 1-19 of 0.4m tons were more than twice year ago levels.
- Global LNG exports decreased by 2% on the week to 7.32m tons driven by a small increase in US supply as well as 0.21m tons more from Russia and an increase of 0.29m tons more from Australia, despite ongoing works at a train at the Gorgon facility.
- Exports from Qatar fell by 0.48m tons to the lowest level since 2017 at 1.01 million tons and Malaysia LNG output fell by 0.13m tons.
Source: BNEF
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.
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