In May, Asia's LNG imports are projected to reach 23.61 million metric tons, surpassing prior-year levels.

In May, Asia's LNG imports are expected to exceed prior-year levels at 23.61 million metric tons, mainly driven by India's strong imports. However, higher spot prices in Asia may soften purchases from price-sensitive buyers in South and Southeast Asia going forward, as LNG imports into the world's top importing region, Asia, are on track to hit 23.61 million metric tons in May, up from 23.23 million tons in April and noticeably higher than the 20.75 million tons imported in May last year.

May 26, 2024
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