Receive our newsletter – data, insights and analysis delivered to you
  1. Uncategorised
May 11, 2020

Impact of Covid-19 on Asia-Pacific LNG sector

By Miranda Mclaren

LNG imports by the world’s top three consumers, Japan, China and South Korea, and other Asia-Pacific countries such as India, have taken a hit due to the reduced demand and economic slowdown fuelled by the Covid-19 outbreak.

This has led to long-term LNG supply contract re-negotiations and cargo deferments by importing countries, causing supply overhang and resulting in lower LNG prices. As a result, LNG producers are rethinking their capex spends in upcoming multi-billion dollar gas projects.

To read more, please click here.

Related Companies

Content from our partners
How the North of Tyne region is leveraging its legacy to define its future
Q&A with Chevron Lubricants’ Paul Sly, global industrial OEM specialist, and Nathan Knotts, global brand technical manager
The important role of antifoam agents in oil-gas separation and amine treating
Topics in this article:
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU