LNG Slowdown in Asia Masks a Bigger Surge Ahead ...Middle East

OILPRICE - Economy
LNG Slowdown in Asia Masks a Bigger Surge Ahead
source : OILPRICE ( Middle East ) () 39
Demand for liquefied natural gas from the biggest importing region—Asia—has remained strong this year, although it has experienced a certain softening compared to last year. Prices are to blame for the softening—and they’re about to slide lower and reverse the demand trend. Asian LNG importers bought 112.45 million tons of LNG over the first five months of the year, Reuters’ Clyde Russell wrote this week, citing data from Kpler. This was down 6.2% on the first five months of 2024. and most of the decline came from…

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