Asian LNG buyers brace for disruptions to deliveries - News Summed Up

Asian LNG buyers brace for disruptions to deliveries


Asian LNG buyers brace for disruptions to deliveriesBloombergAsian buyers of liquefied natural gas (LNG) are preparing for the war in the Middle East to disrupt deliveries for months, as a prolonged outage at the world’s largest export plant tightens supply and lifts prices. Companies in Thailand are looking to buy LNG cargoes for delivery through May, traders with knowledge of the matter said. Spot LNG prices in Asia are trading at about US$18 per million British thermal units, traders said. At least nine LNG shipments bound for Europe have rerouted to Asia since the fighting began, ship-tracking data compiled by Bloomberg showed, after Asian buyers offered higher rates than their rivals in Europe. India, which sources about half of its LNG from Qatar, has been scrambling to procure alternative shipments for immediate delivery, traders said.


Source: Taipei Times March 12, 2026 16:25 UTC



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