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 readingTag Archives: LNG
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.
Continue readingUS Exports of LNG Drop in February 2020
US Exports of LNG Continued To New Highs in January 2020, Volume Doubling From the Prior January
The US exported 5.4 million tons of LNG in January 2020, up 99% from January 2019 on much higher volumes to traditional markets, plus shipments to new markets.
Continue readingPhase 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.
Continue readingGlobal LNG Trade Projected Up 4% in 2019; Huge Shifts in Trade Between Regions
LNG trade is projected to exceed 340 million tons by year end 2019, up 4% from 2018, based on latest available statistics from 90 countries. Major increases in exports from US and Russia are impacting trade flows globally.
Continue readingNew 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 reading