Surge in LNG supply to lower prices, drive demand in Asia

Thursday, 05 February 2026

Asia Pacific’s natural gas demand is forecast to rise 4% this year, as a surge in new LNG supply from Qatar and the US is expected to lower prices. A landmark 40 bcm, or 7% increase in global LNG may well make price-sensitive buyers in China re-emerge, the International Energy Agency (IEA) forecasts.


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