Insight
Global LNG supply tracker Q4 2017: no surprise as new trains are delayed
Report summary
Supply from the most recent wave of projects has disappointed and contributed to a tighter winter. Sabine Pass T4 started on schedule, but Wheatstone, which shipped first LNG at the end of October, was later than expected. Yamal LNG and Cove Point are yet to start. Further projects in 2018 will continue to test operators on delivery capabilities, especially at technically-complex projects. However, bright spots are emerging at existing producers with new feedgas coming to market, boosting output after years of under-performance. The market remains oversupplied in 2019. Although we expect some curtailment of supply to balance the market, we are more positive on utilisation at US LNG projects.
Table of contents
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Highlights: latest train start-ups slip and contribute to a tighter winter
- Downside risks to our view
- Upside risks to our view
-
Asia-Pacific LNG supply
- Australia
- Brunei
- Indonesia
- Malaysia
- PNG
- Russia East
- Peru
-
Middle East and North Africa (MENA) supply
- Oman
- Qatar
- UAE
- Yemen
- Egypt
-
Atlantic LNG supply
- Russia West
- Nigeria
- Algeria
- Cameroon
- Equatorial Guinea
- Angola
- Trinidad
- US
Tables and charts
This report includes 14 images and tables including:
- Global LNG supply tracker Q4 2017: no surprise as new trains are delayed: Image 1
- Global LNG supply tracker Q4 2017: no surprise as new trains are delayed: Image 2
- Global LNG supply tracker Q4 2017: no surprise as new trains are delayed: Image 3
- Asia-Pacific annual supply
- Asia-Pacific quarterly supply (annualised)
- MENA annual supply
- MENA quarterly supply (annualised)
- Atlantic annual supply
- Atlantic quarterly supply (annualised)
- Global LNG supply (mmtpa annualised)
- Global LNG supply and y-o-y changes
- Recent project start-ups
- Global LNG supply tracker Q4 2017: no surprise as new trains are delayed: Image 5
- Projects under construction
What's included
This report contains:
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