LNG Cover

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LNG Market Snapshot — August 2013

  • Deal pipeline: Gaslog takes delivery of the Gaslog Skagen; Teekay exercises two options with DSME & agrees buy and charter-back deal with Awilco; PETORNAS to build own LNGC fleet
  • LNG supply from Atlantic Basin down 9%; Pacific Basin flattish; Middle East up 8%
  • Global LNG demand in July: Up 0.8% sequentially but down 2% y-o-y
  • To date, US non-FTA LNG export permits total 287,000m3/day
  • Singapore’s Jurong terminal sets BG Group aggregator model in motion

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