Asia Pacific Trade

Asia’s LNG market is tightening, with Chinese demand driving growth in imports. This includes strong gains for spot LNG in China’s import mix.

China’s LNG imports grew by around 58% on an annual basis over the first four months of the year, up to 15.8 mt from around 10 mt during the same period last year.

The share of spot volumes in China’s LNG import mix is also growing. Spot accounted for around 20% of Chinese LNG imports in Q1...