lngflow dashboard may 2020/media/mckinsey/industries/oil... · 2020-06-12 · fueled by lngflow...
TRANSCRIPT
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 May 2020
LNG �ows by contract type, monthly deliveries
Monthly year-over-year change, %
Monthly year-over-year change, %
Shipping, billion tonne-miles
Liquidity, %
2019 2020M AM MJ J A S FO N D J
2019 2020M AM MJ J A S FO N D J
2019 2020MarchFebruary AprilMay MayJune July August September October November December January
Volume sent
Volume received
Monthly year-over-year change, %
United StatesRussiaRest of worldQatarNigeriaMalaysiaAustralia
2912
–93
14–26
2
Rest of worldRest of AsiaJKTEuropeChina
–15–19–81719
Paci�c–Paci�cPaci�c–AtlanticAtlantic–Paci�cAtlantic–Atlantic
–8–116756
32–16
Short term and spot
LTC
0
10
0
50
100
150
200
0
25
50
75
100
Shipping contract type
ContractedShort term and spot
–40
–30
–20
0
–10
Global net imports were up 0.8 MT in May versus April, with year-to-date additional supply reaching 9.5 MT (or 6 percent). China continued to ramp up imports in May at 5.7 MT, up 1.2 MT year to date versus 2019. Imports to Japan, South Korea, and Taiwan (JKT) were down 0.5 MT versus April, but overall were 1.1 MT higher year to date than in 2019. Finally, European imports for May were up 0.1 MT versus April at 8.9 MT, resulting in an additional 7.4 MT absorbed volumes versus 2019 year to date.
Re�ecting a drop in seasonal demand, global LNG supply reached 30.6 MT in May, down 0.4 MT versus April. With the exception of Qatar, which exported an extra 0.6 MT, most regions reduced their �ows. For example, Australian exports were down 0.5 MT and US output was down 0.4 MT.
20
30
40