India's LNG demand surge supports Asia's declining imports in June

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India's LNG demand surge supports Asia's declining imports in June - Business Standard

Quick Summary:

Asia is on track to import 23.18 million metric tons of LNG in June, down a touch from May's 23.

This is up from 470,000 tonnes in May, and almost double the previous record month of 580,000 tonnes from June 2021.producers are looking for alternative markets to Europe, where LNG imports have declined in recent months.

Asia's imports of liquefied natural gas (LNG) are expected to dip slightly in June from May, with strength in India holding up the top-buying region's appetite for the super-chilled fuel.