Asia's LNG Imports Hit Six-Year Low
2026-04-14 10:06
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en.Wedoany.com Reported - Affected by the Middle East situation, liquefied natural gas (LNG) imports in the Asian region have plummeted, dropping to their lowest level in nearly six years. Following the unsuccessful negotiations between the United States and Iran in Pakistan last weekend, market concerns over LNG supply have intensified.Chart showing LNG import trends

As of last weekend, the 30-day moving average of net LNG shipments destined for the Asian region fell below 600,000 tons, the lowest value since June 2020.

Data shows that Pakistan has not received any LNG from Qatar since early March. This South Asian country is highly dependent on imports for its LNG needs. Qatar, one of the world's top three LNG exporters, has seen a significant decline in its LNG export capacity. Another major LNG buyer, India, has seen its 30-day average import volume drop by approximately 20% year-on-year. LNG imports for South Korea and Japan have also fallen to their lowest levels for the same period in nearly six years.

In 2025, nearly 90% of the LNG transported through the Strait of Hormuz was destined for Asian countries.

Faced with continuously contracting imports, some Asian countries have activated response mechanisms. Some gas-fired power plants in Japan have reduced their power generation, while South Korea has lifted restrictions on coal-fired power plants to reduce LNG consumption.

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