World
+17%
Increase in South Korean imports of LNG in 2018.
Record LNG imports in China (+43%) not even close to shifting Japan from the top spot
Global LNG trade saw the largest boost from Asia in 2018 with growth led by China and South Korea, as Asian imports grew by 12% to a record high. China broke its LNG own import record, with a 43% increase on 2017, as environmental policies and a willingness to switch from coal to gas heating brought in additional demand.
The United States grew its LNG exports by 14%, as new LNG trains came online raising LNG production capacity by 76%, supported by high shale gas production. Australia was close behind, increasing exports by 22% as production capacity increased with the addition of the Wheatstone LNG and Ichthys LNG projects.
Global Energy Trends, 2019 edition
Based on its 2018 data for G20 countries, Enerdata analyses the trends in the world energy markets.
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Sep
USGS survey points out 1.5 Tcm of gas hydrate resources in Alaska (US)
According to the U.S. Geological Survey (USGS) latest 3D seismic mapping, the Alaska North Slope contains 1,523 bcm (53,800 bcf) of technically recoverable natural gas hydrate (methane ice) resources stored within gas hydrate formations. The resources are located on a depth range of 200-1,200 m. Ressources are assumed to be tackled by using conventional technology. As there are no exploration fields on gas hydrate formation, its commercial viability is unknown.
03
Sep
Australia's rising LNG production pushes GHG emissions upward
According to the Australian government, Australia’s greenhouse gas (GHG) emissions reached 538.9 MtCO2eq (+0.6%) for the year to March 2019. The growth is largely due to a 19% increase in LNG exports and to a higher steel and aluminum production. Without the impact of LNG production on emissions (+4.7 MtCO2eq), domestic GHG emissions would have fallen, as the growth in wind and solar power generation contributed to a 2.1% drop in GHG emissions from the power sector. GHG emissions in Australia, which pledged to reduce its emissions by at least 26% from 2005 levels by 2030 under the Paris Climate Accord, stood 11.7% below their 2005 level in the year to March 2019.
26
Aug
China added 11.4 GW of new solar PV capacity in the first half of 2019
According to the Chinese National Energy Administration (NEA), a total of 11.4 GW of new solar PV capacities was connected to the Chinese grid in the first half of 2019, i.e. less than half of the capacity added in the same period in 2018 (24 GW). The new capacity raised the country's total solar PV capacity to 186 GW (+20% increase compared to the first half of 2018). Centralised PV power plants capacity rose by 6.8 GW (+16%) to 130 GW, while distributed capacity surged by nearly 4.6 GW (+31%) to 55 GW.
31
Jul
US LNG exports reach 119 mcm/d in the first five months of 2019
According to the US Energy Information Administration (EIA), US LNG exports have been rising steadily since 2017, to 4.7 bcf/d (133 mcm/d) in May 2019. The recent LNG exports level makes the United States the third-largest LNG exporter in the first five months of the year with an average of 4.2 bcf/d (119 mcm/d), over the January-May 2019 period. The United States expects to remain the third-largest LNG exporter in the world in 2019-2020, behind Australia and Qatar.
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