Chinese LNG Demand Outlook

Monday, 28 November 2022

There were 2.56mmt of LNG on the water with destinations in China according to our market visibility at the time of writing on 24 November. These cargoes had an estimated delivery horizon of 13 December. None of these inbound cargoes had originated in the United States, however, whilst close to half (1.12mmt) was derived from Qatar followed by 0.67mmt from Australia. Four cargoes totalling 0.34mmt were broadly headed for China but still had to declare destination terminals. 

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