Asia is on track to import the highest level of LNG since January, despite rising spot prices
European LNG imports are expected to be at their lowest levels since September 2021.Global LNG demand is projected to surge by 35% by the end of the decade, driven primarily by
Asia.
Asia is on track to import this month the highest level of LNG since January as demand grows despiterising spot LNG prices in the region.
Asia's LNG imports are expected to stand at 24.85 million metric tons in July, the highest level in sixmonths, and higher than the June imports, although prices have increased in recent months. Chinaand India are expected to see higher LNG imports in July compared to June, although indianpurchases tend to be much more price-sensitive than China's and buyers tend to stay on the sidelinesof the spot market when LNG prices ris