India and Pakistan imported a combined 25 mt of LNG last year, equivalent to 8% of global demand for the fuel, according to The Express Tribune.
The countries’ imports are set to grow as both India and Pakistan are expanding their regasification capacity.
Meanwhile, Bangladesh plans to start importing the fuel next year.
This will make South Asia one of the fastest-growing LNG markets in the world, and the region could overtake Europe as the second-biggest importer of the fuel by the mid-2020s.
This boom in demand...