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July 2020 Review of Global LNG Flows
Global exports of liquefied natural gas in July totaled approximately 28.7 million tons on board 474 vessels, much lower than July 2019’s pace of 31.7 million tons, with a reduction of loading from the US & Pacific regions. Approximately 27.6 million tons arrived on 471 vessels at import terminals in July, compared to 30.8 million […]
Tags: Floating LNG, global lng market, Liquefaction, LNG, LNG exports, Natgas, oil, Regasification -
Will China and Australian Relations Boomerang Back?
The latest developments in international relations between Australia and China could result in a case of “what goes around comes around”, as Australia’s recent finger-wagging could return to haunt it. Australia hopped onto the world stage when it demanded an investigation into China for the spread of the coronavirus, which has crippled the global economy […]
Tags: australia, china, iron ore, LNG, steel, trade war -
June 2020 Review of Global LNG Flows
Global exports of liquefied natural gas in June totaled approximately 28.2 million tons on board 472 vessels, much lower than June 2019’s pace of 29.3 million tons. Approximately 27.6 million tons arrived on 447 vessels at import terminals in June, compared to 29.5 million tons in June 2019. The number of floating LNG cargoes remained […]
Tags: Floating LNG, global lng market, Liquefaction, LNG, LNG exports, Natgas, oil, Regasification -
US-China Energy Flows Belie Combative Rhetoric
Tension between the United States and China has ratcheted up in recent weeks amid increasingly hostile rhetoric. The global spread of the coronavirus has further hurt relations between Beijing and Washington, stoking the possibility of a new trade war amid a global economic slowdown. However, from a flows perspective, all seems to be fine. LPG, […]
Tags: china, crude, LNG, lpg, petchem, US -
May 2020 Review of Global LNG Flows
LNG Market Analysis Global exports of liquefied natural gas in May totaled approximately 23.4 million tons on board 481 vessels, much lower than May 2019’s pace of 30.7 million tons. Approximately 29.7 million tons arrived on 488 vessels at import terminals in May, compared to 30.6 million tons in May 2019. The number of floating […]
Tags: Floating LNG, global lng market, Liquefaction, LNG, LNG exports, Natgas, oil, Regasification -
April 2020 Review of Global LNG Flows
LNG Market Analysis Global exports of liquefied natural gas in April totaled approximately 31.5 million tons on board 511 vessels, higher than April 2019’s pace of 30.3 million tons. Approximately 29.8 million tons arrived on 479 vessels at import terminals in April, compared to 30.7 million tons in April 2019. The number of floating LNG […]
Tags: Floating LNG, global lng market, Liquefaction, LNG, LNG exports, Natgas, oil, Regasification -
March 2020 Review of Global LNG Flows
LNG Market Analysis Global exports of liquefied natural gas in March totaled approximately 30.4 million tons on board 524 vessels, slightly lower than March 2019’s pace of 30.8 million tons. Approximately 32.7 million tons arrived on 519 vessels at import terminals in March, compared to 30.5 million tons in March 2019. The number of floating […]
Tags: Floating LNG, global lng market, Liquefaction, LNG, LNG exports, Natgas, oil, Regasification -
LNG Daily: Market Analysis
Despite OPEC+ likely to agree to a substantial new production cut tomorrow, oil prices have followed equity markets lower on ongoing coronavirus fears, with Brent down 2.2% to $49.99/bbl, while WTI dropped 1.9% to $45.90/bbl.
Tags: coronavirus, LNG, oil, OPEC -
Global LNG Report – Daily: Market Analysis
Asian LNG spot prices remain stable, with higher bids heard in the market while demand sentiments still subdued fueled by news of CNPC declaring force majeure. Northeast Asian terminals received 64 vessels, up from 61 last week. Next week’s outlook is for 59 vessels. South Asian received eight vessels, while 15 laden vessels arrived in […]
Tags: Asia, china, coronavirus, force majeure, LNG, Natgas -
FOFT: Japan’s Hokuriku Electric Drastically Reducing Fuel Oil and Crude Burns
Reflecting the introduction of liquid natural gas (LNG) for power generation in late 2018, Japanese utility Hokuriku Electric Power Company is expected to cut fuel oil and crude oil consumption by more than 85% in fiscal year of 2019, which runs from April 1, 2019 to March 31, 2020.
Tags: crude oil, FO, fuel oil, LNG, power