Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
India to help Asia spearhead global refining
Shifting demand patterns leaves most populous nation primed to become downstream leader as China and the West retreat
Argentina makes progress on LNG dream
Eni is joining the first phase of the 30mt/yr ARGLNG, while consortium behind the smaller Southern Energy LNG has reached FID
EU faces tough task following Japan LNG model
The bloc may find it very difficult to replicate Japan’s approach due to fundamental differences in policy and the markets
Australia’s LNG flashpoint
Scapegoating foreign buyers will not solve country’s gas shortages
LNG faces promises and perils ahead
LNG has opportunities to expand in established markets and access new ones, but the sector’s outlook is also fraught with uncertainties, from political and regulatory difficulties to chokepoints, project delays and cost overruns, says the IGU
Woodside adopts considered approach to Louisiana LNG
CEO Meg O’Neill explains the virtue of patience in offtake discussions amid tariff tensions
India’s oil demand looks to EV threat
Two wheels rather than four appear to be the biggest game-changer for India’s road oil use
Europe’s hard choices on gas security
EU half measures over storage regulation, geopolitical risks to ending Russian gas, power outage questions and China’s LNG resale leverage make for a challenging path ahead.
China’s critical gas position
China will play a huge role in driving gas demand, with its Qatar partnership crucial to this growth amid global structural challenges
Russia’s implausible gas strategy
The country may have the resources, but sanctions and a lack of market access make its gas ambitions look very questionable
LNG Bangladesh India Pakistan Sri Lanka
Simon Ferrie
31 May 2022
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

LNG tug-of-war squeezes South Asia

Countries in the region are particularly sensitive to high LNG prices, but term contracts and a degree of inelastic power-sector demand may support flows

Intense competition between Europe and East Asia for limited LNG volumes means less—but not no—LNG flowing to South Asia. India was still the world’s fourth-largest LNG importer in 2021—behind China, Japan and South Korea, and narrowly above Taiwan, EIA data shows, but the country’s import volumes were down year-on-year. India imported 24mn t of LNG in 2021, according to data from commodity tracker Kpler, down from 26.3mn t in the previous year, albeit 2020’s supply glut and low prices were hugely propitious conditions for the South Asian importer. India imported just 1.5mn t in February this year, the lowest volume for any month since April 2020. But imports rebounded in May to 2.1mn t, the

Also in this section
Oil demand ramps up air miles
23 June 2025
Jet fuel will play crucial role in oil consumption growth even with efficiency gains and environmental curbs, with geopolitical risks highlighting importance of plentiful stocks
Letter from the Middle East: Iran-Israel war risks dire straits
23 June 2025
A blockade of the Strait of Hormuz would have reverberations that would sound around the world
Energy’s electric shock
20 June 2025
The scale of energy demand growth by 2030 and beyond asks huge questions of gas supply especially in the US
ADNOC eyes cross-border opportunities
20 June 2025
The Emirati company is ramping up its overseas expansion programme, taking it into new geographic areas that challenge long-held assumptions about Gulf NOCs

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search