Europe's LNG Demand Surge Flips Global Gas Market

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Europe's increasing demand for liquefied natural gas (LNG) is offsetting weakening demand in Asia, leading to a shift in the global gas market.

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Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
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80%

Article Context

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Asia has been the driver of global demand for liquefied natural gas for years now, with its fast-growing economies guzzling energy at elevated rates. This year, however, has seen this change. Asian demand for LNG is weakening—but Europe’s is on a substantial rise, more than offsetting Asia’s weakness, despite plans to reduce consumption of all hydrocarbons. LNG imports to Asia last month stood at 22.84 million tons, Kpler data, cited by Reuters’ Clyde Russell, showed. This was a slight increase from September but palpably…

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Original article published by OilPrice.com on November 9, 2025.
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