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Asia LNG Demand up 2.2bcm on Year but Below 2021 Level: Timera Energy

LNG

Lower spot Asian LNG prices, currently below 11$/mmbtu, are more attractive to price sensitive spot buyers South & SE Asia and increased Chinese downstream demand has led to Chinese buyers taking more of their contracted cargos according to Timera Energy.

  • Asian demand rose approximately 2.2bcm year on year in April but remains over 1bcm lower below April 2021 levels.


Source: Timera Energy

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