Insight
Global LNG supply tracker Q4 2019: snowed under with supply
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Global LNG supply increased +10.8 Mt year-on-year in Q3 2019. The last two quarters have posted the highest year-on-year growth since 2010. This contributed to the oversupply situation and maintained pressure on global gas prices. We anticipate global output to reach 363.4 Mt in 2019 (+38 Mt or +11.6% y-o-y). Despite a strong supply push continuing this winter, growth will gradually soften. The market will enter into its second year of LNG oversupply in 2020. We forecast 390 Mt of LNG (+26 Mt or 7.2% y-o-y) but with a risk of downside to US supply if prices crash.
Table of contents
-
Highlights
- Downside risks to our view
- Existing producers
- New projects
- Upside risks to our view
- Existing projects
- New projects
-
Key changes to Asia-Pacific LNG supply
- Australia
- Brunei
- Indonesia
- Malaysia
- PNG
- Russia East
- Peru
-
Key changes to Middle East and North Africa (MENA) supply
- Oman
- Qatar
- UAE
- Yemen
- Egypt
-
Key changes to Atlantic supply
- US East
- Trinidad and Tobago
- Argentina
- Russia West
- Nigeria
- Algeria
- Cameroon
- Equatorial Guinea
- 1 more item(s)...
Tables and charts
This report includes the following images and tables:
-
Year-on-year supply growthMonthly global FOB supply (annualised)Global LNG supply (mmtpa annualised)
-
Asia-Pacific annual supplyAsia-Pacific quarterly supplyMENA annual supplyMENA quarterly supply (annualised)Atlantic annual supplyAtlantic quarterly supply (annualised)Global LNG supply and y-o-y changesRecent Project start-upsProjects under construction
What's included
This report contains:
Other reports you may be interested in
Insight
Global Short-Term LNG Supply Tracker (Q3 2025)
Quarterly update of short-term LNG supply dynamics by country
$1,050
Insight
Global short-term LNG supply tracker (Q4 2022)
Quarterly update of short-term LNG supply dynamics by country
$1,050
Insight
Landscape remolded: DRC’s cobalt export quota plan officially released
DRC announces allocation plan for cobalt export quotas in 2025 Q4
$1,050
