Global LNG Review – July 2023

In July 2023, the first FID on a large-scale LNG production project was announced for the latter half of the calendar year, adding planned LNG production capacity of 17.6 million tonnes per year. In the first half of 2023, the global ocean transported LNG volumes exceeded 200 million tonnes (up 2% year-on-year). Top LNG exporters were the United States, Australia, and Qatar, as in the same period of 2022, with the respective volumes from the three countries were close to each other. Except for Russia’s significant decline of 9% year-on-year, relatively noticeable declines in Nigeria, Egypt and Equatorial Guinea, and […]