LNG

Taiwan’s LNG imports fall by 3.9% in Q3

Taiwan’s LNG imports decreased by 4% in Q3, following two quarters of year-on-year growth Taiwan’s LNG imports decreased by 4% in Q3, following two quarters of year-on-year growth.
By Andrew Walker 22 November 2018 0 33404

Taiwanese LNG imports, September 2018

Country Volume, thousand tons Value, $ million Cost, $/MMBtu Cost in 2017, $/MMBtu Cost in 2016,$/MMBtu
Qatar 438.91 173.86 7.65 5.90 6.01
Australia 201.14 101.48 9.74
Indonesia 133.70 81.91 11.83 8.91 7.94
Malaysia 121.79 76.91 12.19 6.57 7.67
PNG 76.38 44.29 11.19 7.05 7.34
Russia 65.69 32.36 9.51 7.18 5.55
Angola 62.79 28.95 8.90
UAE 61.05 27.75 8.78
Cameroon 55.60 22.42 7.79
           
Total 1,217.03 591.54
Average 9.38 6.82 6.92
Taiwan LNG imports per month

Taiwan’s LNG imports fell by 3.9% year on year in Q3, to 4.4 mt. Imports in August and September were down by 12% and 17% respectively, reducing overall year-on-year growth.

The country’s imports were up by 3.8% year on year in the first nine months of the year, which means full-year growth for 2018 is unlikely to match the double-digits seen...