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Infographic: Is there an LNG wave coming into Europe?

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Infographic: Is there an LNG wave coming into Europe?

London — European LNG sendout in Q4 2018 surged amid weak Asian demand for spot LNG, coupled with higher Atlantic shipping rates, making reloads to Asia less profitable than sales to European natural gas hubs.

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The current forward curve indicates that the trend is likely to persist over the next year, supported by additional LNG supply from the US Gulf Coast, Russia's Yamal LNG project and Egypt as the country makes its return to the market as a net exporter.

However, a severe cold snap in Asia and weakening shipping rates are key risks to monitor in the first quarter of 2019.

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Is there an LNG wave coming into Europe?