Chinese LNG Demand Outlook

Tuesday, 31 January 2023

There were 2.17mmt of LNG on the water with destinations in China according to our market visibility at the time of writing on 27 January. These cargoes had an estimated delivery horizon of 19 February. Only three of these inbound cargoes had originated in the United States, however, whilst more than a third (0.82mmt) was derived from Qatar followed by 0.71mmt from Australia. Five cargoes totalling 0.38mmt were broadly headed for China but still had to declare destination terminals. 

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