Tag Archives: LNG

China’s LNG Imports were Down 21% May 2022 YTD from May 2021 YTD. Imports from US and Other Sources Fell Sharply; Qatar, Russia and Trinidad-Tobago Supplied Higher Volumes

Weak economic activity over the last several months was evident from the drop by over 3 million tons, 21%, in China’s imports of LNG through May, to 26.6 million tons.

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Russia’s Leading Exports and Imports of Polymers, Chemicals and Gases

The war in Ukraine, and with it sanctions and broken supply chains, will likely impact both exports from and imports into Russia of many products.

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New High on LNG Exports from the United States in November, 2020, China a Factor

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.

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Export volumes of Key US Petrochemical and Gas Products to China Have Risen Sharply Under the Phase I Trade Deal

US exports through August 2020 of a number of polymers, liquefied gases and organic chemicals showed huge percentage increases versus the same period in 2019.

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2019 – the Baseline Year Before Covid-19

2019 was a particularly important year as a baseline because it showed trends that were evolving globally before massive dislocations from Covid-19.

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Phase I of the China – US Trade Agreement Includes Increased Imports into China of LNG, Liquefied Propane and Butane, Caustic Soda and Most Organic and Inorganic Chemicals

During the two-year period from January 1, 2020 through December 31, 2021, China has agreed to increase by $200 billion purchases from the United States of manufactured goods, agriculture, energy and services.

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