Chart of the week | Record LNG deliveries amid dampening Asian demand

In November, 12 LNG tankers arrived at GB terminals, bringing in a total of 1.2bcm (billion cubic metres) of gas to the system, the highest since September 2016 (1.3bcm). Cargoes arrived from Russia, Qatar, Egypt, USA, Trinidad & Tobago, Peru and Equatorial Guinea, with Russia providing the highest volume at 362mcm.  The recent influx of LNG tankers to GB has been driven by the narrowing spread between Asian LNG spot prices and GB gas front (NBP) month prices in recent months.

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