Low prices are reportedly driving traders to supply more lucrative Asian markets Imports of liquefied natural gas (LNG) by the EU have slumped to their lowest level in nearly two years, Bloomberg reported on Wednesday, citing ship-tracking data. LNG deliveries declined 7% in July compared to a year earlier to 8.6 million tons, the lowest level since November 2021, the outlet writes. The drop comes on the back of a slide in the region’s benchmark gas prices, which have slumped more than 80% during the period, prompting traders to redirect supply to Asia, where rates are higher, or wait for prices to rise again, B
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