imports

China’s liquefied natural gas (LNG) imports have continued to increase and are above 2019 levels year-to-date as spot prices in the region have plummeted, U.S. import tariffs have been waived and industrial demand recovers from the pandemic.

As global natural gas prices have cratered and the market remains awash in supplies, speculation persists over the possibility for a spike in U.S. liquefied natural gas (LNG) imports this summer, a prospect that still remains unlikely.

Latin American liquefied natural gas (LNG) imports have dropped significantly since March from the same period last year, but it is unclear to what extent the Covid-19 pandemic has contributed to the decline.

Many U.S. natural gas and oil operators may view overseas demand as the best option for growth, particularly for liquefied natural gas (LNG), but Canada continues to be the largest source of domestic energy imports and the second only to Mexico for exports, the Energy Information Administration (EIA) said Friday.

Another liquefied natural gas (LNG) vessel was thought to be headed toward the United States on Monday where it could deliver a cargo for import as early as Thursday.

The agreement signed by President Trump this week to ease trade tensions with China provided little assurance that growing U.S. liquefied natural gas (LNG) exports will have a stronger role to play in one of the world’s largest import markets.

Operators of the Gate Terminal in the Netherlands, a key entry point for liquefied natural gas (LNG) in Northwest Europe, said ship operations shattered previous records last year as the continent took in more supply, which flooded the global market.

Europe’s liquefied natural gas (LNG) imports hit record levels of 12.7 Bcf/d in November as global supplies have increased and prices have fallen, according to the Energy Information Administration (EIA).

Poland’s state-owned natural gas company has signaled its intent to terminate pipeline imports from Russia’s Gazprom in the coming years, as supplies from other sources have grown, particularly liquefied natural gas (LNG) from Qatar, the United States and other countries.