LNG supply in Q1 ‘19 increased year on year by 8.66 mt (11.1%) as output built up from the 35.4 mtpa of liquefaction capacity that came on stream in 2018. With Asian imports declining by 1.53 mt – their first quarterly decline since Q4 ‘14 – Europe was the main destination for the additional supply, its imports more than doubling compared with Q1 ‘18.
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