LNG

South Asia key to balancing LNG market

South Asian LNG demand is expected to remain robust in 2019 as latent demand will support growth despite issues with infrastructure and regulation South Asian LNG demand is expected to remain robust in 2019 as latent demand will support growth despite issues with infrastructure and regulation.
By Andrew Walker 9 January 2019 0 33822
An LNG tanker. (Petronet)

Key issue: With demand growth from Northeast Asian markets set to slow this year, countries in South Asia will be crucial in helping to balance the global LNG market.

Interfax analysis: India, Pakistan and new importer Bangladesh will generate enough demand to keep LNG prices at a level that will continue to incentivise the development new supply projects over the course of 2019.

The latest available customs data reveals China’s LNG imports increased by around 14 mt between January and November on an annual basis, while...