US Has Most Customers in LNG Market in 2017

The U.S. lead the global liquefied natural gas (LNG) market in terms of customer diversification, according to the annual report of the International Group of LNG Importers (GIIGNL).

The group said the U.S. delivered LNG to 25 different countries in 2017, compared to 13 countries in 2016.

Qatar followed the U.S. with LNG supplies to 24 countries and Nigeria increased its country customer numbers from 21 in 2016 to 24 in 2017.

Around 40 percent of U.S. exports ended up in Asia, 34 percent were sent to the Americas, 15 percent went to Europe and 11 percent to the Middle East.

Due to rising demand in Asian markets and to the growing availability of Australian LNG volumes, intra-Pacific LNG flows retained the lion’s share of global LNG flows with a 44 percent stake.

According to the report, despite several delayed start-ups, new liquefaction capacity continued to come online in various areas of the world ranging from the U.S. to Australia, Malaysia and Russia, leading to a 9.9 percent increase in LNG supplies compared with 2016.

(Anadolu Agency, 06/15/2018)

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