Asia Pacific Trade

November 2017

Strong increases in spot buying have heated up the winter LNG market in Northeast Asia.

China’s spot LNG imports were up by roughly 43% on an annual basis in September and by more than 100% in Q3 as a whole. Spot supplies accounted for 25% of China’s LNG imports in Q3 2017 compared with 18% in Q3 2016. The increase in spot LNG imports has supported the country’s overall gas imports and helped drive up competition on the spot market, pushing prices well above the levels...

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