*Global LNG imports edged up to a new record of 407mn tons for 2024 as top buyer China posted 8% gains whilst numbers three to five buyers South Korea, India and Taiwan all took record volumes (see chart 1).
India & China Demand Sees Record LNG Trade For 2024 With More Gains To Come
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Tables
China Key Gas Figures (bcm): Record 2024 Output & Russia Pipeline Supplies Cap LNG Growth
China LNG Imports: Qatar Supplies Record Volumes For 2024 But Australia Increases Lead As Top Supplier
Japan LNG Imports: Oman Volumes Rise To 12-Year High For 2024
Korea LNG Imports: Australia Strengthens Lead Over Qatar Amid Record Overall Volumes
Charts
1: LNG - Top Five* Global Importers (mn tons): China Strengthened Its Lead Over Japan For 2024, Whilst India At Number Four Posted The Biggest Gains
2: Global Gas & LNG Prices Eased In 2024 But, Outside The Us, Remained High By Historical Standards ($/Mn Btu)
3: China’s 2024 Gas Records As Consumption, Output, LNG And Pipeline Imports All Surge To Record Highs (bcm)
4: China’s Top LNG Suppliers (Mn Tons): Australia Remains Well Ahead Of Qatar Despite The Latter Supplying A Record 18.3mn Tons For 2024. Russia Has Surged Ahead Of Both Once Pipeline Volumes Are Added In*
5: Japan LNG Imports (mn t/y): Continue Long-Term Downward Trend With Australia Dominant
6: South Korea Imports Record LNG For 2024 As Australia Extends Lead Over Qatar (mn tons)
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