US exports slowed during the second quarter of 2020, hovered at a low around 2 million tons per month from June through August, then climbed sharply, to over 6 million tons in November.
Continue readingTag Archives: LNG World Trade Report
US Shipments of LNG in April 2020 Were Off 14% from March. China Topped the List of Export Destinations.
The US exported 4.4 million tons of liquefied natural gas in April, 2020, still a very high volume but down from 5.1 million tons in March.
Continue readingUS Exports of LNG Drop in February 2020
New LNG Capacity in Egypt Finds Markets
Egypt exported 2.9 million tons of LNG through July 2019, up 594%. Top markets were Jordan, Pakistan, China, Italy, France, Turkey and Singapore.
Continue readingLNG Imports into Western Europe Projected Up 75% in 2019 from 2018
Western Europe will import 63 million tons of LNG by year end 2019, based on projections from latest available statistics. Volumes from Eastern Europe and North America are expected to quadruple; supplies from other regions to rise 22 – 36%.
Continue readingEastern European LNG Trade Spikes
There was a significant spike in Eastern European exports of LNG that largely went to Western Europe, and, a pronounced increase in intraregional trade mainly between Russia and Lithuania.
Continue readingSlower Growth in Global Trade Projected in 2019 for Liquefied Gases
Latest import/export statistics from all available countries indicate slower growth in global trade volume in 2019 for LNG, liquefied propane gas and liquefied butane gas versus 2018. Because global trade is driven by global demand, the trend in world trade volume generally indicates the trend in world demand.
Continue readingGlobal LNG Trade Projected Up 14% in 2018
A 14% increase in global LNG trade in 2018, to 318 million tons of imports and exports, is forecast by ITP based on the latest available statistics. This follows an 8% increase in global trade in 2017 versus 2016.
China’s LNG Imports Soar to a New Record in November, as Prices Rise
China imported a record 6 million tons of LNG during November 2018, raising the year to date import volume to 47.6 million tons, an increase of 43% from the same period in 2017.
US Exports of LNG up 54% Through October, 2018; Imports Continue Trending Lower
The United States exported 18.4 million tons of LNG through October 2018, up 54%, and imported 2 million tons, down 10%. Continue reading