If a trade accord between the US and the EU is finalized and the US puts in place more export terminals, LNG exports from the US will rise. Through May 2018, the US exported a total of LNG totaled 9.0 million tons, up 61% from the same period in 2017. Exports have been climbing since early 2016. Korea, Mexico and China were the top three export destinations to date, with relatively small volumes to the EU. Continue reading
After slowing throughout the first quarter, China’s imports of LNG picked up in both April and May.
LNG global trade in 2017 was 280 million tons, up 8%.
The United States exported 1.8 million tons of LNG in November 2017, setting another record. The average price picked up slightly from the prior month, to $214/ton.
The US exported 9.1 million tons of LNG through August 2017, up 358% from the same period in 2016. There were exports to many new markets, plus higher shipments to some of the same markets as in 2016.
Several major trade flows contributed to the 11% increase in the volume of LNG traded globally August 2017 YTD versus the same period last year. Continue reading
The volume of liquefied natural gas traded globally through July 2017 exceeded 150 million tons, up 11% from last year, based on latest available trade statistics.