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Sinochem News, according to World Energy News on July 5: In June of this year, the global LNG receiving volume increased for the fourth consecutive month year-on-year, but it was down from May and was at the lowest level since October last year
.
According to data from the oil analysis company Vortexa, the total delivery of liquefied natural gas last month rose from 27 million tons in the same period last year to 29.
9 million tons, but it was lower than the 31.
9 million tons in May
.
Last month’s import volume was the lowest level since October last year.
Strong demand in the Asia-Pacific region has once again become the main driver of global growth.
The region received 17.
6 million tons last month, up from 15.
4 million tons in the same period last year, and further increased its market share from 69.
8% in the same period last year and May.
68.
9% increased to 70.
4%
.
However, Latin American countries also contributed a large part of the additional demand.
Since the beginning of this year, Argentina’s weak domestic natural gas production has boosted the country’s dependence on liquefied natural gas, while Brazil’s record drought has drastically suppressed hydropower production and boosted the country’s natural gas demand
.
However, Latin America's share of the global market is still only 5.
Europe’s share of global demand narrowed from 22.
1% in the same period last year and 23.
8% in May to 19.
4% in June
.
The region imported 5.
Although the weather in June was milder compared to the same period last year, Japan’s imports in June increased from 5.
3 million tons in the same period last year and 5.
2 million tons in May to 5.
6 million tons
.
Compared with June last year, stronger economic activity led to an increase in consumption last month, when more COVID-19 restrictions were introduced
After the new offshore oil field in the Krishna Godavari Basin was put into operation, domestic production increased, which also reduced the country’s dependence on imports
.
The latest data show that India’s imports last month fell from 2.