Colombia's hydro reservoir levels are currently -36% lower than in 2023. LNG cargoes from ALNG and Cameron discharged at Cartagena FSRU during 1HSep24. pic.twitter.com/rb2oieFvNm
RU LNG shadow fleet update: Last week, ZHORES ALFEROV (imo:9918028) turned on its transponder NW of the Canary Islands for the first time since departing South Korean shipyard sea trials in early Aug24. Red, green and blue arrows are likely options for its cool down cargo. pic.twitter.com/myjas3KcmI
Brazil thermal generation, which is primarily natural gas, is breaking out towards 2021 levels. As hydro reservoir levels weaken into the dry season, Petrobras to commission 18mcmd of Rota 3 offshore gas pipeline infrastructure within weeks, but will it dampen LNG import demand? pic.twitter.com/x66ATwqsge
LNG imports in #China continue to lag 2023 levels since May24, adding another indicator pointing to weakness in the industrial economy. pic.twitter.com/h80hi5Xpzh
Moderate China natural gas demand growth in June 2024 at +6% YoY supplied by marginal domestic production growth rather than LNG imports. #LNGpic.twitter.com/GSf3wNJizJ
— Balance Point Research (@balpointresrch) July 25, 2024