Global exports of liquefied natural gas in January totaled approximately 34.3 million tons on board 547 vessels, considerably higher than January 2019’s pace of 30.9 million tons. Approximately 33.7 million tons arrived on 543 vessels at import terminals in January, compared to 37.5 million tons in January 2019.
The number of floating LNG cargoes remained stable last month, with the highest number of vessels being 11 on January 5th.
East Asia took in 20.0 million tons of LNG in January, slightly higher than 19.8 million tons in January 2019. For South Asia, the 3.0 million tons imported in December represented a 13 percent increase from year-ago levels.
The Asia-Pacific region exported about 7.6 million tons of LNG in January, approximately 0.3 million tons more than in December and up 10 percent year-on-year. Exports from the Middle East came in at 9.0 million tons, higher than the December pace of 8.0 million tons.
US exports in January are up 113% on a year-over-year basis to 4.8 million tons, and approximately 0.7 million tons higher than in December 2019. Northern Russia loaded 1.5 million tons last month, down by 0.1 million tons from December, but a jump from the 0.2 million tons loaded in January 2019.
The European reload arbitrage window remained volatile throughout December 2019, with ten out of 18 reload cargoes leaving from European terminals. Six cargoes left from Zeebrugge Terminal, Belgium, part of transshipments of Northern Russian LNG molecules.
LNG export terminal utilization based upon ClipperData shipping tracking is highlighted below:
Along with country wise LNG import terminal utilization as under: