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Global LNG reloads reach highest level since January 2018

Oil&Gas Materials 17 February 2023 15:34 (UTC +04:00)
Global LNG reloads reach highest level since January 2018
Laman Zeynalova
Laman Zeynalova
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BAKU, Azerbaijan, February 17. Global liquefied natural gas (LNG) reloads in January 2023 have reached the highest January reloads since 2018, Trend reports with reference to the Gas Exporting Countries Forum (GECF).

LNG reloads grew by 26 percent (0.11 Mt) in January 2023, as compared to January 2022, standing at 0.53 Mt.

Spain (+0.11 Mt), Indonesia (+0.08 Mt) and South Korea (+0.06 Mt) showed an increase in reloads, as compared to the declining levels in Belgium (-0.07 Mt), China (-0.01 Mt) and Singapore (-0.07 Mt).

ЭThe higher LNG reloads from Spain was driven by strong intra-regional LNG trade, with five LNG reload cargoes from the country were exported to Germany and Italy, while one cargo was exported to Puerto Rico. In Indonesia, higher LNG reloading activity from the Arun and Cilamaya LNG terminals supported the LNG reloads from the country. TotalEnergies utilises a storage tank at the Arun LNG terminal for LNG offload, storage and reloads to Asian countries. The two LNG cargoes reloaded from the Arun terminal were exported to Japan while one LNG cargo reloaded from Cilamaya was exported to Benoa, Indonesia,” said GECF.

Total liquified natural gas exports rose by 2.8 percent (0.98 Mt) globally in January 2023, as compared to January 2022 and stood at 35.56 Mt.

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