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Wednesday, 27 April 22
EUROPEAN UNION'S LNG IMPORTS - BANCHERO COSTA
 In 2021, the European Union (27) was the third largest seaborne importer of LNG in the world, with a 15.8% share.
It followed Mainland China with 20.2% and Japan with a 19.7% share. LNG imports into Europe seriously jumped in 2019, with the start of a number of projects, says Banchero Costa in its latest weekly report.
According to Banchero Costa, in the 12 months of 2019, European LNG imports jumped by +65.4% y-o-y to 65.6 mln tonnes, from 39.7 mln tonnes in 2018. Since then, volumes have been drifting down, due to more limited energy demand, at a time of Covid lockdowns and a weak economy.
In 2020, Banchero Costa said, the EU imported 62.8 mln tonnes of LNG, which was -4.2% down from 2019 and In 2021, imports dwindled further, with just 58.5 mln tonnes, down a further -6.8% y-o-y from 2020.
Things however took a dramatic turn in the first quarter of 2022, with the Russian invasion of Ukraine pushing Europe to secure alternative sources of energy, Banchero Costa said.
In the first 3 months of 2022, according to Banchero Costa report, the EU imported 22.1 mln tonnes of seaborne LNG, up by +72.8% y-o-y from the 12.8 mln tonnes in the first quarter of 2021. This also made the EU into the world’s top importer of LNG so far this year, with a 20.9% share of global imports, ahead of Japan’s 19.7% and Mainland China’s 15.7% In terms of individual countries, this was 6.4 mln t to France, 5.4 mln t to Spain, 2.6 mln t to the Netherlands, 2.2 mln t to Italy, 2.0 mln t to Belgium, 1.2 mln t to Portugal, 0.8 mln t to Poland, 0.7 mln t Greece. Equally significant growth has been seen in imports into the United Kingdom.
Banchero Costa further noted that, in the first quarter of 2022, LNG imports into the UK jumped by +51.3% y-o-y to 5.7 mln tonnes, from, 3.8 mln tonnes in 1Q 2021. On the other hand, LNG imports into China slowed down somewhat from record levels last year. Volumes 1Q 2022 declined by -13.9% y-o-y to 16.7 mln tonnes, from 19.4 mln tonnes in 1Q 2021.
Banchero Costa also noted that, imports into Japan also declined in 1Q 2022 by -10.8% y-o-y to 20.9 mln tonnes from 23.5 mln t in 1Q 2021. In terms of sources for LNG shipments into Europe, there has been a huge huge jump in volumes from the United States.
In the first 3 months of 2022, the EU imported 10.4 mln tonnes of LNG from the USA, up +234.8% y-o-y from 3.1 mln tonnes in 1Q 2021. The USA accounted for 46.9% of seaborne LNG imports into Europe in the first quarter of 2022.
Despite all the talk of sanctions, according to Banchero Costa’s report, volumes from Russia have not declined, far from it. In 1Q 2022, the EU imported 4.1 mln tonnes of LNG from Russia, up by +49.1% y-o-y compared to 2.7 mln tonnes in 1Q 2021. This was an all-time record. The EU has never imported as much LNG from Russia as this year. In fact, March 2022 was an all-time record month for Russian LNG imports into the EU. In March 2022, the EU imported 1.6 mln tonnes of LNG from Russia, up +14.5% m-o-m from February 2022, and up +34.3% y-o-y from March 2021.
In 1Q 2022, Russia accounted for 18.3% of the EU’s seaborne LNG imports. West Africa is now in third place amongst top suppliers to Europe, shipping 2.8 mln tonnes to the EU in Jan-Mar 2022, up +27.0% y-o-y. West Africa accounts for 12.7% of EU’s LNG imports. Imports from Qatar, on the other hand, have continued to decline. In 1Q 2022, the EU imported 2.2 mln t of LNG from Qatar, down -2.0% yo-y from 2.3 mln t in 1Q 2021. Qatar accounts for 10.1% of the EU’s total seaborne LNG imports. Shipments from North Africa to the EU also declined by -13.5% y-o-y to 1.7 mln t in 1Q 2022, from a record high 1.9 mln t in 1Q 2021, Banchero Costa report says.
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Wednesday, 12 June 24
CHINA ACCOUNTS FOR 16.3% OF AUSTRALIA'S COAL EXPORTS, FOLLOWED BY INDIA 14.4% - BANCHERO COSTA
Global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels says Banchero Costa in its latest report.
...
Wednesday, 12 June 24
LNG NEWBUILDING VALUES AT RECORD HIGH: 78 NEWBUILD ORDERS PLACED IN 2024, DOUBLING 2023 - VESON NAUTICAL
The number of LNG newbuilding orders have more than doubled from the same period last year where 34 orders were placed, compared to 78 in the first ...
Monday, 10 June 24
CHINA'S MAY COAL IMPORTS RISE 11% ON LOWER DOMESTIC OUTPUT - REUTERS
China’s imports of coal rose 11% in May from a year earlier, customs data and Reuters records showed on Friday, as lower domestic output this ...
Tuesday, 04 June 24
HOW DO WESTERN SANCTIONS ON RUSSIA IMPACT THE GLOBAL METALS, MINING AND COAL MARKETS - WOOD MACKENZIE
The geopolitical landscape for Russia, as a major supplier of various commodities, has undergone a dramatic transformation since the invasion of Uk ...
Friday, 22 March 24
CASE STUDY: DANGERS OF COAL CARGO - SKULD
Recently, a bulk cargo vessel carrying coal from South Africa to Singapore suffered a fatal accident, resulting in the deaths of three crew members ...
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Showing 21 to 25 news of total 6871 |
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- Oldendorff Carriers - Singapore
- CNBM International Corporation - China
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- Ambuja Cements Ltd - India
- Agrawal Coal Company - India
- Interocean Group of Companies - India
- Petron Corporation, Philippines
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- Grasim Industreis Ltd - India
- Parliament of New Zealand
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- Therma Luzon, Inc, Philippines
- Indika Energy - Indonesia
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Antam Resourcindo - Indonesia
- Posco Energy - South Korea
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- Gujarat Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- Pendopo Energi Batubara - Indonesia
- Siam City Cement PLC, Thailand
- White Energy Company Limited
- Holcim Trading Pte Ltd - Singapore
- Aboitiz Power Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- Port Waratah Coal Services - Australia
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- London Commodity Brokers - England
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- Kartika Selabumi Mining - Indonesia
- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- Vedanta Resources Plc - India
- GMR Energy Limited - India
- New Zealand Coal & Carbon
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- Vizag Seaport Private Limited - India
- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Bayan Resources Tbk. - Indonesia
- Intertek Mineral Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Trasteel International SA, Italy
- Videocon Industries ltd - India
- Madhucon Powers Ltd - India
- Merrill Lynch Commodities Europe
- Electricity Authority, New Zealand
- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
- Savvy Resources Ltd - HongKong
- Straits Asia Resources Limited - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Meralco Power Generation, Philippines
- Ministry of Transport, Egypt
- Karbindo Abesyapradhi - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- Ministry of Mines - Canada
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bulk Trading Sa - Switzerland
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- Metalloyd Limited - United Kingdom
- Formosa Plastics Group - Taiwan
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kumho Petrochemical, South Korea
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- Larsen & Toubro Limited - India
- Coastal Gujarat Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Riau Bara Harum - Indonesia
- Eastern Energy - Thailand
- Karaikal Port Pvt Ltd - India
- Mercator Lines Limited - India
- Baramulti Group, Indonesia
- Manunggal Multi Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Australian Commodity Traders Exchange
- Medco Energi Mining Internasional
- SMG Consultants - Indonesia
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Jindal Steel & Power Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bangladesh Power Developement Board
- The University of Queensland
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- ICICI Bank Limited - India
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- PNOC Exploration Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
- Ministry of Finance - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Dalmia Cement Bharat India
- VISA Power Limited - India
- Central Java Power - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Iligan Light & Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- Mjunction Services Limited - India
- Siam City Cement - Thailand
- Coal and Oil Company - UAE
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
- Bharathi Cement Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- Planning Commission, India
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- TeaM Sual Corporation - Philippines
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
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