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Asian LNG Demand Plunges as Qatar Outages and Hormuz Chaos Bite
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Neutral
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Short Term
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Imports of liquefied natural gas into Asian countries fell last month by the sharpest rate since 2020, when pandemic lockdowns decimated energy demand. The total for the month stood at 20.6 million tons, Bloomberg calculated, which was down by 8.6% on March 2025 - the most sizable drop since December 2020. Pakistan saw the biggest drop in LNG imports since it was buying it mainly from Qatar. LNG shipments to the country last month plummeted by 70% from a year earlier. India and China also cut their imports substantially, both seeing them down by…
Original article published by
OilPrice.com
on April 1, 2026.
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Analysis and insights provided by AnalystMarkets AI.