Bearish on South Asian spot LNG prices
Weak demand in Northeast Asia is prompting Qatar to become more strategic with its LNG exports by boosting flows into the South Asian spot market. Qatar is also struggling to defend its market share in Asia amid tough competition from Australian LNG.
Qatar’s LNG exports to Asia have fared well despite the weakness in Northeast Asian demand. The country sent just over 30 mt of LNG to Asia in the first seven months of 2016, which...