Commodity Market Report
Global short-term LNG demand tracker (Q4 2022)
Report summary
Following a warmer-than-usual October, November also turned out to be mild in both Europe and Asia, which allowed stock levels to increase further. As temperatures fell in mid-November, heating demand picked up and withdrawals started. Europe was able to increase imports, and November set a record for the region. Asian patterns, on the other hand, didn’t change – Japan, Korea and China still have high stock levels, which heavily limit their spot activity.
Table of contents
- The market is well prepared for winter, but a lot of uncertainty around peak winter gas demand remains
- Related reports
Tables and charts
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