Global natural gas report – March 2023

In February 2023, global LNG jumped by 7.5% (2.40 Mt) y-o-y to 34.24 Mt (Figure 62), reversing the y-o-y decline recorded in January 2023. This is a record high for global LNG imports in February. Stronger LNG imports in Asia Pacific and Europe drove the increase in global LNG imports and offset weaker imports in LAC and MENA