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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 rebounded 18% in the week to June 16 to 7.66m metric tons, according to BNEF driven by an increase in deliveries to both Japan and mainland China.
- Imports to Japan more than doubled to 1.38m tons from the lowest since May 2023 of 0.63m tons the previous week but Jun 1-16 volumes were still 11% down y/y. Mainland China imports also rose by 0.43m tons on the week but June 1-16 volumes were 7% below last year.
- Deliveries to South Asian fell by 0.09 and to Southeast Asia fell by 0.21m tons w/w from a record high last week. Deliveries into Northwest Europe and Italy and the rest of Europe each increased by just over 0.1m tons.
- Global LNG exports were almost unchanged on the week at 7.69m tons. Shipments from Qatar fell by two or 0.14m tons while Russia increased by 0.07m tons.
- US and Australia exports were mostly unchanged while the Chevron-operated Wheatstone project in Australia shipped one cargo amid ongoing repairs to its offshore platform.
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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