LNGFlow Dashboard March 2020

The global LNG supply in March reached 33 MT, a 5 percent increase compared to March 2019 and an almost 4 percent increase compared to Demand in China in March reached 4.4 MT, 9 percent growth compared to February, while aggregated Q1 2020 demand in China decreased
February 2020. After the declines observed in the previous month, growth was driven mainly by Australia, Qatar, and the United States, where 5 percent (0.9 MT) from Q1 2019. Japan, South Korea, and Taiwan imported 12 MT, which is a 3 percent increase compared to the previous
exports increased by 0.8, 0.5, and 0.4 MT, respectively. At the same time, exports from Nigeria LNG decreased by 0.3 MT. year, but an 8 percent reduction compared to February 2020. Finally, LNG demand in Europe continues to grow—in March, imports reached
9.5 MT, 18 percent higher than in March 2019.

Volume growth, metric tonnes Monthly year-over- LNG flows by contract type, monthly deliveries Shipping contract type
year change, %
40 Contracted
United States 88 Short term and spot
Volume sent
Russia –3
Rest of world –14
Qatar 7
30 Nigeria –19
Malaysia –2
Australia 8

20

10

March April May June July August September October November December January February March
2019 2020 Liquidity, %
0 100 LTC
China 1 Short term and spot
75
Europe 18
JKT 3 50
Rest of Asia 10
–10 25
Rest of world –8

0
M A M J J A S O N D J F M
2019 2020

–20

Shipping, billion tonne-miles Monthly year-over-

year change, %
200
–30 Atlantic–Atlantic 52
150 Atlantic–Pacific 9
Pacific–Atlantic 0
100
Volume received Pacific–Pacific 2

50
–40
0
M A M J J A S O N D J F M
2019 2020
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 Mateusz_Czajkowski@mckinsey.com or Dumitru_Dediu@mckinsey.com

Source: McKinsey’s Energy Insights LNGFlow; Vesseltracker®, powered by Genscape