Three-Year Low in LNG Price Prompts Asia Buying Spree ...Middle East

OILPRICE - Economy
Three-Year Low in LNG Price Prompts Asia Buying Spree
A substantial decline in LNG prices has led to an increase in purchases on the spot market from Asian buyers, such as China, India, and Southeast Asian nations. According to analysts cited by Reuters, this could see China break its own LNG import record, set back in 2021, and boost India’s intake of liquefied natural gas by 10% this year. In 2021, China imported 78.8 million tons of LNG. Asia LNG purchases on the spot market totaled 161 cargoes over the first three months of the year, S&P Global data shows, which was an annual…

Hence then, the article about three year low in lng price prompts asia buying spree was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Three-Year Low in LNG Price Prompts Asia Buying Spree )

Apple Storegoogle play

Last updated :

Also on site :



Latest News