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Markets & Forecasts

Australia boosts LNG exports to Asia in 2019

Capacity additions will drive growth in Australia’s LNG market, but a slowdown is imminent Capacity additions will drive growth in Australia’s LNG market, but a slowdown is imminent.
By Menelaos Vakalopoulos 16 September 2019 Asia Pacific / Supply & Demand 0 34583
Australian LNG Exports to Key Asian markets

Australian LNG exports to the key Asian markets of China, India, Japan, South Korea and Taiwan grew by 19% year on year during the first seven months of 2019, to almost 41 mt. However, these markets saw a 1% decline in LNG imports from all sources over the period.

LNG exports to Key Asian Markets by major exporters

Australia is one of the few major suppliers of LNG to Asia that increased its...