Global short-term LNG supply tracker (Q1 2024) Report

Insight 04 March 2024

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Report summary

In Africa, Congo loads its first cargo from Marine XII FLNG and Nigeria experiences a sudden surge in performance at NLNG, with output close to pre-flooding levels. Meanwhile, Russia’s Arctic LNG-2 is on the verge of start-up, but a buyer for its first cargo is yet to be secured. Tangguh’s third train is forced offline due to technical issues, and the Freeport's Train 3 outage is extended further after the refrigeration system was damaged by storm Heather in January.