Page 121 - bneIntelliNews monthly country report Russia May 2024

In Asia, Japan and South Korea each received 0.8 Bcf/d of LNG exports from the United States, the fourth- and fifth-highest U.S. LNG export volumes by country in 2023. Japan, China, and India increased LNG imports from the United States by a combined 0.6 Bcf/d compared with 2022. The Philippines and Vietnam started importing LNG in 2023; the Philippines imported LNG cargoes from the United States only in October and November.
In Latin America, U.S. LNG exports to Brazil continued to decline last year as Brazil continued to primarily use hydropower for electricity generation. U.S. LNG exports to Brazil peaked in 2021, when the country experienced its worst drought in more than 90 years.
9.1.2 Automotive sector news
The automobile market grew by 102% in March 2024 and by 86% in the first quarter of 2024*.
According to the AEB Automobile Manufacturers' Committee, total sales of new passenger cars and light commercial vehicles in the first quarter of 2024 amounted to 249,118 units excluding alternative supply channels and about 332,898 units including them.
These figures are confirmed by new car sales data from PPK1 – 341,619 units. The difference in numbers is due to additional sales through alternative channels.
According to PPK, sales of new cars in March amounted to 150,640 units, 102% more than in March 2023.
121 RUSSIA Country Report May 2024 www.intellinews.com