Follow-Up: Asia's October LNG Imports Seen at 23.31 Million Tonnes; Spot Price Highest Since December 2023
Asia's liquefied natural gas (LNG) imports are expected to reach 23.31 million tonnes in October, the highest level since July, Reuters reported on October 22, citing data from commodity analytics firm Kpler.
China's October LNG imports are estimated at 5.47 million tonnes, up from 5.20 million in September. Japan's imports are expected to fall to a five-month low of 4.47 million tonnes, down from 4.63 million in September. Argus data put Japan's LNG stocks at 2.54 million tonnes, up 36% year on year.
The Asian spot LNG price rose to $29.30 per million British thermal units, its highest since December 2023 and nearly three times the late-February low of $10.40.
In Europe, October LNG imports are expected to total 9.11 million tonnes, with EU gas storage at 74.6% of capacity.
(Pictured: an LNG carrier, file photo.)
Published by GSM · USA (original Chinese edition)
Photo: Wikimedia Commons · Rhetos · CC0
