19 May 2024
LNG supply declines in Q2 2014; total supply for H1 2014 marginally higher
Publication date: 28 August 2014
Gas Strategies Group
10 Saint Bride Street
London UK
EC4A 4AD
ISSN: 0964-8496
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The increase of 3.5% year on year in LNG activity in the first quarter of visual_editor014 seemed to signal the end of two years of decline, which had left the final outcome for visual_editor013 3.4mt down on the total two years ago. However, this assumption proved to be premature as a fall of nearly 5mt (7.9%) in supply between the first and second quarters of visual_editor014 left activity in the second quarter down by 1.9% compared with the second quarter of visual_editor013. Gas Strategies reviews LNG supply and demand in the second quarter of visual_editor014, the reasons for the decline compared with the previous year and considers the outlook for the second half of the year.