LNG

Thailand’s LNG imports decline in October

Volumes dropped by 17% in October, with four cargoes being delivered over the month Volumes dropped by 17% in October, with four cargoes being delivered over the month.
By Andrew Walker 29 November 2018 0 33488

Thai LNG imports, October 2018

  Volume, thousand tons Value, $ mln Cost, $/MMBtu Cost in 2017, $/MMBtu Cost in 2016, $/MMBtu
Nigeria 132.12 67.84 9.91 –-
Qatar 90.46 57.63 12.30 8.25 7.45
Australia 65.48 33.13 9.77 6.73
           
Total 288.07 158.60
Average 10.63 7.30 7.45
Source: Thai Ministry of Commerce

The volume of LNG imported by Thailand fell by 17% year on year in October 2018, with four cargoes delivered compared with five in October 2017. This is the first time imports have fallen on an annual basis since June. However, imports were up by 10% year on year over the first 10 months of 2018, to 3.75 mt. This is just...