*Latest data from the world’s number three LNG importer South Korea show little sign of a Covid-19 downturn as of March. For sure, March imports at 3.55mn tons are down on the preceding months, as would be expected based on normal seasonal trends. But March buying was well up year-on-year.
*For Q1 as a whole, imports of 12.49mn tons are the third highest quarterly figure on record behind Q1 in 2018 and 2014. But, though overall volumes were up 20% year-on-year, Qatar continues to see its market share slump. Qatar Q1 supplies at 2.78mn tons were down 23% year on year, with Qatar’s 22.3% market share the second lowest quarterly figure since it moved clear of Indonesia as top supplier in 2011. (CONTINUED - 295 WORDS)
