Asian LNG Imports Hit Six-Year Low Amid Middle East Crisis
Asian imports of liquefied natural gas (LNG) have fallen to their lowest level in nearly six years due to the ongoing Middle East crisis. The conflict has disrupted supply chains, leading to a significant reduction in LNG shipments to Asia. The 30-day moving average of net shipments dropped below 600,000 tons, the lowest since June 2020. The crisis has particularly affected countries like Pakistan, China, and India, which have seen substantial declines in LNG imports.