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Modules for a third Arctic LNG 2 train have reached Belokamenka and TotalEnergies has confirmed its exit. Novatek ships under a third of the liquefaction it has built, into a Chinese terminal that takes nothing else. Both ends are adding capacity anyway, and only for each other.
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Global exports recovered to 30.88MMt as Qatari loadings resumed temporarily, with the US still above 32 percent of supply for a fourth month
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Laden US cargoes are returning to the Panama Canal at the fastest rate in our records, with seven westbound passages in July to the 19th. The ballast repositioning that defined the canal's spring traffic ended in June, and the turn has gone unreported. Our AIS data shows what changed.
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