LNG

Price-sensitive Asian markets ‘locked out of LNG supply for years ahead’

Destinations that relied heavily on LNG spot purchases are said to be unable to source new cargo until beyond 2025, hindering coal to gas switch

Locked out: several destinations in Asia relied on the spot market for a sizeable share of their LNG imports, which were precluded as prices surged.
Locked out: several destinations in Asia relied on the spot market for a sizeable share of their LNG imports, which were precluded as prices surged.Photo: REUTERS/SCANPIX
Athens
ChinaIndiaPakistanBangladeshThailand
Published 2 December 2022, 17:13Updated 7 December 2022, 12:14