Global LNG exports grew 10% year on year in Q4 19 to a total of 94 million tonnes, according to ship-tracking data from ICIS’ market intelligence platform LNG Edge.
The strongest growth came from the US, whose exports almost doubled thanks to new contributions from the first export trains at the Cameron and Freeport LNG plants. Those plants will remain central to the market in 2020, as each bring on a further two production trains.
The key import region of east Asia, which made up 57% of global demand in the quarter, saw its deliveries largely stable from the year before, as downturns from Japan and South Korea offset continued, but slowing, growth from China.
Find out more about the latest trends in the global LNG markets in the Q4 2019 LNG Trade Flow Report available for download now.