Worldwide LNG shipments increased by 8.3% in 2018

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The volume of the global market for liquefied natural gas in 2018 amounted to 313 million 800 thousand tons. According to the International Group of Liquefied Natural Gas Importers, the figure for the year increased by 8.3%, noting the most significant growth rates since 2010. The number of countries exporting LNG has increased to 20 at the expense of the Republic of Cameroon. At the same time, Bangladesh and Panama increased the number of LNG importers to 42 countries. Last year, LNG exports were significantly increased by the United States, Australia and Russia. Reduced supply showed countries such as Algeria, Malaysia and New Guinea. Asia’s share of global LNG importers rose to 76% from 73% a year earlier. Japan remained the leader among importing countries, which in 2018 imported 82.5 million tons of LNG. China ranked second with an indicator of 54 million tons.

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