Chinese LNG Demand Outlook

Monday, 06 June 2022

There were 1.38mmt of LNG on the water with destinations in China according to our market visibility at the beginning of May. These cargoes had an estimated delivery horizon of 16 June. None of these inbound cargoes had originated in the United States, however, with the majority of 0.72mmt being derived from Australia followed by 0.35mmt from Qatar. Two cargoes totalling 0.15mmt were broadly headed for China but still had to declare destination terminals.

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