WorldAI imageIndia Continues Buying LNG Despite $26 Price Amid Asia's Demand Drop
Asian LNG demand is expected to decline this year, especially in Northeast Asia. Despite rising prices reaching $26, India and Bangladesh continue purchasing spot LNG cargoes. High fuel costs are reducing output in China's energy-intensive industries. India's LNG demand is mainly driven by city gas and fertilizer sectors. Future LNG prices will be influenced by global supply recovery and Europe's inventory needs.
The Economic Times·




