JKT region drives LNG imports but supply glut persists: McKinsey

GLOBAL LNG supply in the first quarter of 2021 rose by just 3% or 3.2 million tonnes compared to the last quarter of 2020, according to McKinsey’s LNGFlow which tracks the real-time exports, imports and flows of nearly 900 LNG assets and vessels worldwide. 

JKT region drives LNG imports but supply glut persists: McKinsey JKT region drives LNG imports but supply glut persists: McKinsey JKT region drives LNG imports but supply glut persists: McKinsey JKT region drives LNG imports but supply glut persists: McKinsey JKT region drives LNG imports but supply glut persists: McKinsey
While this is an uptick on 2020 when the COVID-19 pandemic dented LNG demand across the world, the modest rise still means the world is experiencing a glut in global LNG supply that is likely to