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India’s robust LNG imports are Asia’s standout, but higher prices may weigh
Asia’s imports of liquefied natural gas (LNG) are displaying contrasting dynamics in May, with strength in usually price-sensitive buyers like India, but a softer trend in the developed economies such as Japan and South Korea. The top-importing continent is on track to receive about 23.61 million metric tons of the super-chilled fuel this month, according to data compiled by commodity analysts Kpler. This is up slightly from April’s 23.23 million tons, although on a daily basis May’s arrivals are a touch weaker, while they are stronger than the 20.75 million from May 2023. But while the overall LNG import ... (full story)