LNG: Australia Soars Past Qatar As #1 In East Asia

With full-year 2016 import data for the three East Asian countries which constitute the world’s top three LNG importers – Japan, South Korea, and China – now in, it is now clear that not only has Australia overtaken Qatar as top supplier, it has blown it out of the water.

Australia supplied a total of 39.1mn tons of LNG to the three importers in 2016, a 50% hike from 26.1mn tons in 2015. Usurped number one Qatar saw its volumes fall from 31.8mn t to 29.0mn t. Given that Australian LNG output is only set to rise further, the days of Qatar being the top supplier to East Asia are over. (CONTINUED - 484 WORDS)

DATA INSIDE THIS ARTICLE

chart Asia’s ‘Big 3’ See Collective Lng Imports Rise 3.5% In 2016 On Late-Year Buying Surge (Mn Tons)
chart Australian Lng Supplies To East Asia….
chart …Soared Past Those From Qatar In 2016 (Mn T)
chart % Of Total Imports: Australia Has Long Been Big In Japan…
chart China Saw Australia Soar Ahead Last Year…
chart Only For Korea Is Qatar Still ‘Champ’