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Global LNG trade report 2022: LNG imports up by 16.9 MT compared with the previous year.

This report summarizes the key figures and trends of global LNG trade and LNG industry in general. Last year global liquefaction capacity reached 476.5 MTPA at year-end. New capacity amounted to 14.9 MTPA. Global LNG imports reached 389.2 MT, an increase of 16.9 MT compared with the previous year. The annual growth rate reached 4.5%, with Europe absorbing most of the supply increase. Record high prices led to changes in import strategies and triggered LNG demand destruction in price sensitive countries, such as India, Pakistan and Bangladesh. The most significant decrease was seen in China due to Covid-related lockdowns, increased […]

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