Wednesday, 22 July 2020 08:24

LNG Imports Well under way in Myanmar

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 thinking on how LNG would be delivered up the relatively shallow Yangon River, though with a slight twist.

Wednesday, 22 July 2020 08:21

Market Tracker - July 20, 2020

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Wednesday, 15 July 2020 10:19

Market Tracker - July 13, 2020

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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. It also comes at a time when the country's 14th Five-Year-Plan is due and thereby prompts important questions on China's future energy portfolio.

Tuesday, 07 July 2020 11:07

Market Tracker - July 6, 2020

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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 have converged in subduing US LNG exports, in our view, chief among which is lower than usual Northeast Asian demand, strong competition in the Pacific and high fixed costs underpinned by liquefaction fees.

Tuesday, 30 June 2020 07:51

Market Tracker - June 29, 2020

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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 cargo. Whilst this is an important indicator when operations at Thanlyin LNG would begin in earnest, questions remain how the project will operate going forward.

Tuesday, 30 June 2020 05:11

Monthly Data - June 2020

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Tuesday, 30 June 2020 05:07

June 2020 Monthly Market Overview

Monthly trade decreased by 0.46mmt in May following steep demand reductions in South Korea, Japan and Europe