LNG

North-east Asian buyers came back to restock in May, lifting Pacific imports thirteen percent just as the supply base had least to give them, with the Strait of Hormuz effectively closed and Qatari volumes all but gone. The contest resolved in Asia's favour, drawing US cargoes east even as Europe, refilling storage from a low base, shed import volume for a fifth consecutive month, our Markets Editor Dr Alexander Wilk writes. 

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