US LNG report shows Netherlands as leading destination again and with Germany paying the highest prices
The US Department of Energy issued its June 2024 liquefied natural gas and pipelines export and import data report with the Netherlands again heading the LNG cargo destination list, Germany paying the most for shipments and the Calcasieu Pass plant in Louisiana still having the highest prices.
Chinese LNG imports rise to record levels in January helped by Australian cargo surge
China imported a record amount of LNG in January, breaking the previous record set in December, as cold winter weather set in and natural gas replaced coal and coke in northern cities under a state campaign to reduce air pollution.
Average prices of LNG at Chinese terminals have recently been at around $7.30 per MMBtu
Latest Chinese customs data showed that the average cost of liquefied natural gas cargoes landed at China’s network of terminals in May amounted to $7.30 per million British thermal units.
Chinese LNG imports rise with more shipments from Australia and regular suppliers like Qatar
Chinese liquefied natural gas imports increased last month as more volumes arrived from nations such as Australia and regular suppliers like Indonesia and Qatar.
LNG cargoes for China
April 26 (LNGJ) – The 216,200 cubic metres capacity Q-Flex carrier “Tembek” is scheduled to unload a shipment from Qatar on May 1 at the Shenzhen Diefu import terminal in Guangdong province, operated by China National Offshore Oil Corp., according to shipping data. The 153,500 cubic metres capacity vessel “Gaselys” is due to deliver a re-exported cargo from France on May 9 to the Shanghai import facility in China. The 147,000 cubic metres capacity “Dapeng Moon” is lifting a cargo on April 26 to ship to an import facility in Guangdong province from the Woodside Energy export terminal at Dampier in Western Australia. The Hong Kong-flagged sister ship “Dapeng Sun” is due at Dampier on April 29 to lift a second cargo for Guangdong.
Chinese LNG monthly imports almost double as nation is outlet for additional Australian volumes
Chinese liquefied natural gas imports almost doubled in September as supplies expanded and flowed wider in Asia from new liquefaction and export volumes in Australia.
