Asian LNG procurement heating up as winter approaches

LNG markets are in the spotlight after the Russia-Ukraine war, with Asia and Europe both competing for limited cargoes. A harsher than expected winter may trigger unprecedented changes in LNG trade flows and force many Asian governments to implement contingency measures to tackle power outages.

In a discussion ahead of the Asia LNG & Hydrogen Gas Markets Conference, S&P Global Commodity Insights’ experts Surabhi Sahu, Kenneth Foo and Jeffrey Moore talk aboutAsia’s LNG winter procurement, benchmark market activity and strategies like fuel switching to mitigate shortages.