Commodity Market Report

Global short-term LNG demand tracker (Q4 2023)

Get this report*

$2,650

You can pay by card or invoice

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQs about online orders
- Find out more about subscriptions

*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

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 2 images and tables including:

What's included

This report contains:

  • Document

    LNG Short Term Demand Q4 2023.pdf

    PDF 1.98 MB

  • Document

    LNG Short Term Demand Q4 2023.xlsx

    XLSX 2.29 MB