Commodity Market Report

Global short-term LNG demand tracker (Q3 2024)

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Heatwaves have continued to boost power demand in Japan and South Korea. Power grid congestion has restricted coal-fired generation in South Korea, supporting stronger gas-fired electricity output. In Japan, power gas inventories in August have dropped by 10% compared to their level in July. LNG demand in South Asia and Southeast Asia has slowed down with the monsoon season. In the Atlantic, Egypt has tendered additional cargoes to cover its domestic gas shortfall.

Table of contents

  • Heatwaves boost power demand and stimulate LNG imports across Asian countries this summer
  • Related reports

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  • Document

    Short Term Demand Tracker (Q3 2024).pdf

    PDF 2.24 MB

  • Document

    Short Term Demand Tracker (Data) (Q3 2024).xlsx

    XLSX 5.91 MB