Asia’s LNG demand has been dampened by the worsening pandemic in India, that is expected to curb gas and power demand, with spot cargoes already impacted, and the declaration of emergency in Japan, where imports are already hovering near year-ago levels. Receive daily email alerts, subscriber notes & personalize your experience. Register Now While the adverse impact of India and Japan on the LNG market will be offset by stronger growth in other regions like China, and spot Asian LNG prices remain supported at more than $8/MMBtu, downside risks have increased especially with the deteriorating situation in India. Indian buyers typically account for three to four spot LNG cargoes per week, but spot demand has been curtailed since the start of […]