International liquefied pure fuel (LNG) commerce volumes rose to a report final 12 months led by Asia, although progress was marginal as demand was slammed by coronavirus-induced restrictions, in line with a report by the Worldwide Fuel Union (IGU).
General LNG commerce elevated to 356.1 million tonnes final 12 months, up by 1.4 million tonnes or about 0.4% from 2019, principally pushed by elevated exports from the USA and Australia, the group mentioned in its annual report launched on Thursday.
This was smaller than the expansion of 40.9 million tonnes, or 11.5%, in 2019, the IGU mentioned. However LNG was one of many few commodities that had a rise in commerce in 2020, it mentioned.
“LNG commerce in 2020 was closely impacted by Covid-19, as markets, cities and producers through...