LNG

Malaysia’s Q3 LNG exports down 30% year on year

Malaysia exported just over 5 mt of LNG in Q3 2018, representing a fall over 2 mt from Q3 2017 Malaysia exported just over 5 mt of LNG in Q3 2018, representing a fall over 2 mt from Q3 2017.
By Andrew Walker 19 November 2018 0 33359

Malaysia’s LNG exports, September 2018

  Volumes, thousand tons Value, $ million 2018 price, $/MMBtu   2017 price, $/MMBtu 2016 price, $/MMBtu
Japan 709.4 318.9 8.68   7.14 6.08
China 541.7 230.1 8.2   6.12 4.84
Taiwan 264.2 132.4 9.67   6.45 6.5
South Korea 126.7 50.1 7.63   7.49 6.66
Thailand 63.8 27.9 8.43  
             
Total 1705.8 759.4  
Average 8.59   6.78 6.06
Source: Malaysia Department of Statistics
Malaysia’s LNG exports, September

Malaysia’s LNG exports were down by 30% year on year in Q3 2018, to just over 5 mt. This represents a decline of 2 mt from Q3 2017 and means total imports for 2018 to date are down by 12% from the same period in 2017.

It will be difficult for Malaysia to match the 27.1...