Asia Pacific Trade
May 2018
Asian LNG imports are rising and helping to tighten the market.
High oil prices, low stocks and rising demand in key markets are expected to boost Asia’s LNG imports over the coming months, tightening the regional spot market and raising prices.
China’s LNG imports increased by 63% on an annual basis in March, to reach 3.3 mt, and by 59% year on year during Q1 as a whole, to reach 12.4 mt. New terminals are coming online and existing facilities...