JKM is often still used as the benchmark price assessment for spot physical cargoes delivered ex-ship into Japan, South Korea, China and Taiwan. Japan, China and South Korea, for their part, are the largest global LNG importers, while the Asia-Pacific region makes up for 72 percent of all global LNG demand with that amount projected to increase to 75 percent amid increased Chinese procurement of the super-cooled fuel. Prices headed south last week amid ample prompt supply against poor user-demand as well as falling global oil prices which have been facing headwinds over worries of faltering demand growth amid ongoing trade disputes and Middle Eastern geopolitical worries. On Friday, the Paris-based International Energy Agency (IEA), in its closely watched monthly oil market report , lowered its oil demand growth forecasts for 2018 and 2019 by 110,000 barrels a day (b/d), to 1.3 million b/d and 1.4 […]