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2018 US Crude Exports Double; New Monthly High In Jan
...e US, up more than fourfold on 2017 but still well behind China (249,000 b/d) as the US’ top Asian customer. *Korean buying from the US (and other long-haul sources such as the North Sea) has been boosted by a tax break on imports of non-Mideast cargoes in a bid to diversify the country’s import sl...
Volume: 62Issue: 13Published at Fri, 29 Mar 2019 -
LNG: Mideast Producers Lose Share Amid Record Global Trade
...ough, with imports of 8.29mn tons for February. • LNG powerhouse Qatar supplied a record 3.85mn tons to the East Asian ‘big three’ in January, though this dipped to 2.99mn tons in February. But Austraila has become increasingly dominant as the top supplier to East Asia in recent years. In 2017 it su...
Volume: 61Issue: 13Published at Fri, 30 Mar 2018 -
Americas To Asia Crude: In It For The Long Haul
...at 2017 sees the acceleration of a trend already in effect in 2015 and 2016 of increasing Americas crude volumes washing up in Asia. China has been the key pioneer in this regard. Venezuelan crude long dominated regional supplies to China as the country sought to keep up with ‘repayments’ on ever-in...
Volume: 60Issue: 13Published at Fri, 31 Mar 2017