Asian LNG demand is projected to decrease this year, with Northeast Asia seeing the largest drop. India and Bangladesh continue to secure spot LNG cargoes despite significant price increases. High fuel costs are impacting energy-intensive industries in China, reducing their output. India’s city gas and fertilizer sectors will predominantly support its LNG demand. Global supply recovery and Europe’s inventory needs will influence future LNG prices.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.