Asia (Region) Asia LNG Demand To Rebound After Sluggish H1, But Prices To Remain Muted

摘要

China, Pakistan and Thailand remained the key outperformers in the sluggish Asia LNG market in H119. In contrast, LNG imports by Asia’s DM powerhouses Japan and South Korea proved underwhelming, as a mild winter and increased nuclear utilisation, next to elevated growth headwinds, roiled consumption over H119. The demand-side outlook for H2 and beyond remains constructive for Asia as a whole, amid the anticipated return of seasonal demand and stockpiling ahead of winter, although risks are weighted to the downside