In this issue
Tuesday, 28 July 2020
Egypt’s first LNG export since March this year marks a welcome change to the country’s protracted absence. However, market indicators suggest this export from Idku LNG was a one- off,…
Wednesday, 22 July 2020
After considerable delay, Myanmar’s Thanlyin LNG has advanced to regular LNG imports, suggesting the project is operating at – or close to – capacity. Vessel tracking data confirms our initial…
Tuesday, 14 July 2020
Despite its relatively small volume, last week's signing of an independent LNG supply deal between BP and ENN is a rare bright spot for LNG demand growth in Northeast Asia.…
Tuesday, 07 July 2020
US LNG exports saw continued decline since April, which began to accelerate May. US LNG shipments continued to fall last week, thus indicating a continuation of the trend. Several factors…
Tuesday, 30 June 2020
The Golar Kelvin, carrying the larger of the two Malaysian cargoes earmarked for Myanmar’s first LNG import project, arrived in the Gulf of Martaban, apparently waiting to begin transferring its…
Wednesday, 24 June 2020
Chevron confirmed it would consider serious offers for its stake in NWS LNG, Australia’s first large-scale LNG development. Already plagued by asset write-downs and a CAPEX cut announcement even before…
Wednesday, 17 June 2020
The easing of lockdown measures in India promises a return to accelerated demand growth. In mid-May, our data indicated year-on-year demand growth acceleration. Whilst indeed year-on-year demand grew that month,…
Tuesday, 09 June 2020
Myanmar has become Southeast Asia’s latest LNG importer as the CNTIC VPower Global docked at the new Thanlyin LNG jetty on Saturday morning. However, the LNG project is being rushed…
Tuesday, 02 June 2020
Like Malaysia, Indonesia has had to contend with decreasing LNG shipments but more due to falling domestic demand as the economy struggles with COVID-19 than reduced offtakes in Northeast Asia,…
Wednesday, 27 May 2020
Qatar confirmed it will not reduce LNG loadings from its massive 77mtpa Ras Laffan LNG complex even as global gas prices remain at historic lows – the LNG powerhouse is…
Tuesday, 19 May 2020
The gradual easing of lockdown measures in India promises a return to accelerated demand growth down the line. Our data already shows year-on-year demand growth acceleration for 1H May. However,…
Tuesday, 12 May 2020
Japan’s LNG offtakes have waned beyond seasonal patterns following the government’s stringent COVID-19 emergency measures that led to significantly reduced power demand. However, our current market visibility offers a silver…
Wednesday, 06 May 2020
Freeport LNG inaugurates its third train as US LNG faces challenging times, with overall exports down significantly month-on-month. Further expansion is still in the pipeline though we do not expect…
Tuesday, 28 April 2020
Free ReadCOVID-19 has weighed on demand among Australia’s most significant LNG buyers though year-on-year growth remains positive. However, a distressed price environment, resulting capex cuts, a running clock on continually ageing…
