LNGFlow Dashboard April 2020 - McKinsey
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Fueled by LNGFlow this dashboard is based on real-time tracking of LNG flows globally by McKinsey’s LNGFlow solution. For more granular details, please contact [email protected] or [email protected] Source: McKinsey’s Energy Insights LNGFlow; Vesseltracker®, powered by Genscape LNGFlow Dashboard April 2020 LNG flows by contract type, monthly deliveries Monthly year-over- year change, % Shipping, billion tonne-miles Liquidity, % 2019 2020 F M A M M J J A J S O N D 2019 2020 F M A A M J J A J S O N D 2019 2020 February January March April April May June July August September October November December Volume sent Volume received Monthly year-over- year change, % United States Russia Rest of world Qatar Nigeria Malaysia Australia 64 6 –7 5 1 –17 4 Rest of world Rest of Asia JKT Europe China –23 –22 –7 7 25 Pacific–Pacific Pacific–Atlantic Atlantic–Pacific Atlantic–Atlantic –1 8 20 60 Short term and spot LTC 0 10 0 50 100 150 200 0 25 50 75 100 Shipping contract type Contracted Short term and spot –40 –30 –20 0 Global LNG supply reached 31 MT, the lowest level in ten months and a 6 percent decline from March. The decline in supply came from Qatar and Malaysia, which supplied 0.7 and 0.5 MT less than in March, respectively. Finally, US projects exported 4.3 MT, which was the lowest level in six months. In April, LNG imports in China grew 1.06 MT—or 25 percent year on year compared to the 9 and 6 percent drops seen in January and February. Elsewhere in Asia, however, imports in Japan, Korea, and Taiwan (JKT) dropped to 9.6 MT—a 20 percent drop from March and a 4 percent decrease year on year. European imports are still up year on year at 7 percent, though this is significantly less than in previous months.
Transcript of LNGFlow Dashboard April 2020 - McKinsey
Fueled by LNGFlow this dashboard is based on real-time tracking of LNG �ows globally by McKinsey’s LNGFlow solution.For more granular details, please contact [email protected] or [email protected]
Source: McKinsey’s Energy Insights LNGFlow; Vesseltracker®, powered by Genscape
LNGFlow Dashboard April 2020
LNG �ows by contract type, monthly deliveries
Monthly year-over-year change, %
Shipping, billion tonne-miles
Liquidity, %
2019 2020F MA MM J J A JS O N D
2019 2020F MA AM J J A JS O N D
2019 2020FebruaryJanuary MarchApril AprilMay June July August September October November December
Volume sent
Volume received
Monthly year-over-year change, %
United StatesRussiaRest of worldQatarNigeriaMalaysiaAustralia
646
–751
–17 4
Rest of worldRest of AsiaJKTEuropeChina
–23–22
–77
25
Paci�c–Paci�cPaci�c–AtlanticAtlantic–Paci�cAtlantic–Atlantic
–18
2060
Short term and spotLTC
0
10
0
50
100
150
200
0
25
50
75
100
Shipping contract type
ContractedShort term and spot
–40
–30
–20
0
Global LNG supply reached 31 MT, the lowest level in ten months and a 6 percent decline from March. The decline in supply came from Qatar and Malaysia, which supplied 0.7 and 0.5 MT less than in March, respectively. Finally, US projects exported 4.3 MT, which was the lowest level in six months.
In April, LNG imports in China grew 1.06 MT—or 25 percent year on year compared to the 9 and 6 percent drops seen in January and February. Elsewhere in Asia, however, imports in Japan, Korea, and Taiwan (JKT) dropped to 9.6 MT—a 20 percent drop from March and a 4 percent decrease year on year. European imports are still up year on year at 7 percent, though this is signi�cantly less than in previous months.
