LNG

Correction: H-Energy’s Kolkata FSRU project in West Bengal will be in partnership with Japanese shipping firm “K” Line, who will also supply the vessel, and not Excelerate as the article originally stated.

Global LNG trade increased slightly by 0.55 million tonnes (0.91%) in May, mainly on account of stronger trade within and out of the Middle East. Overall m/m trade also improved in the Pacific whilst it retreated in the Atlantic.

Global LNG trade decreased by 2.64 million tonnes (- 4.16%) in April mainly on account of weaker imports in the Pacific Basin. However, overall trade retreated in all three basins m/m.

Global LNG trade increased by 6.28 million tonnes (10.98%) m/m in March on account of robust demand growth in the Atlantic and Pacific Basins.

Global LNG trade retreated by 1.82 million tonnes (- 3.09%) m/m in February on account of fewer exports that were only partially offset by steady exports in the Middle East.

Global LNG trade retreated slightly by 1.95 million tonnes (-2.8%) m/m in January on account of fewer exports that were only partially offset by slightly higher imports in the Atlantic Basin.

Global LNG trade increased by 6.05 million tonnes (+9.5%) m/m in December. As usual, the Pacific Basin lead by overall volumes, owed to the sheer demand of gas within the Basin almost all year round. Accordingly, regional trade there remained well above November levels, resulting in a 2.26 million tonnes trade increase (+6.9%) m/m.

December trade in the Atlantic Basin grew even more robustly by 2.99 million tonnes (+15.7%) whilst the Middle East Basin increased trade by a more modest of 0.81 million tonnes (6.6%) over the same month.

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