Commodity Market Report
Global short-term LNG demand tracker (Q4 2023)
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Global LNG demand has been muted in H2 2023. Inventories in key Asian markets were high from the beginning of this year – which depleted somehow in hot summer in Asia and Europe. However, European inventories were almost full in early October against the deadline to get at least 90 percent on first November. Mild start to the winter in both pacific and Atlantic basins could not stimulate heating demand. Therefore, we are observing a bearish demand outlook for Q4 2023. Having said that, the story is not finished for 2023. Some cold snaps are expected in late December and early January in China and Europe. Besides, price sensitive buyers in Asia - specifically Thailand, India and Bangladesh- have been active in market to procure spot cargoes this winter.
Table of contents
- As globally mild winter continue with sporadic cold spells, the total demand in 2023 will remain flat compared to last year.
- Related reports
Tables and charts
This report includes the following images and tables:
What's included
This report contains:
Other reports you may be interested in
Insight
North America biomethane (RNG) market report (extract)
Analysis of North America’s biomethane (RNG) market, including policy landscape, Wood Mackenzie supply, demand and market outlook.
$950
Commodity Market Report
Europe energy prices: June 2025
Europe energy prices provides a comprehensive outlook for fuel, carbon and power prices in Europe to 2050.
$15,000
Insight
Global Short-Term LNG Supply Tracker (Q2 2025)
Quarterly update of short-term LNG supply dynamics by country
$1,050
