LNG

Thailand’s LNG imports fall 20% in May

The country imported less LNG in May compared with April, and imports were down by 2% over the first five months of the year The country imported less LNG in May compared with April, and imports were down by 2% over the first five months of the year.
By Andrew Walker 28 June 2018 0 31499

Thai LNG imports, May 2018

  Volume, thousand tons Value, $ mln Cost, $/MMBtu Cost in 2017, $/MMBtu Cost in 2016, $/MMBtu
Qatar 183.9 102.8 10.79 9.03 5.12
Nigeria 141.1 65.3 8.93 5.98
Indonesia 63.5 28.7 8.72
           
Total 388.5 196.7
Source: Thai Ministry of Commerce

Thailand imported 20% less LNG in May compared with April. The country received the equivalent of two Q-flex cargoes from Qatar, two regular cargoes from Nigeria and one cargo from Indonesia – the first Indonesian cargo Thailand has received this year. Thailand has received LNG from just six countries so far in 2018, with Qatar and Nigeria accounting for 70% of the...