*LNG imports by the four key East Asian buyers – the global top three Japan, China and South Korea, as well as Taiwan – rose by 13.1% year-on-year to a collective record 77.4mn tons for the first four months of 2021 (see chart 1).
LNG Imports Remain At Record Levels As Prices Firm
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Charts
1. East Asian LNG Imports Rose 13% To A Record 77.4mn Tons For 4m 2021 With China, Korea And Taiwan All Seeing Record Volumes (mn t)
2. East Asia* LNG Imports Fell In April But Were Still The Highest Ever On A Seasonal Basis (mn t)
3. China’s LNG Imports Are Up 30% On Last Year’s Previous Record, With April, Normally An Off-Month, Seeing The Third Highest Figure On Record (mn t)
4. Asian LNG Prices ($/mn btu): Average China & Taiwan Import Price Dips To $7 For April But Prices Set To Rise Back Above $8 From June In Line With Firmer Crude Prices ($/mn btu)
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