Asia LNG imports rise, Europe’s fall to two year low
Asia’s LNG imports are set to hit a six-month high in July, while Europe’s imports are expected to fall to their lowest level in nearly two years. Asia is projected to take 23.05 million metric tons of LNG this month, up from 22.60 million tons in June, while Europe is forecast at 6.56 million tons, down from 7.21 million tons in June, according to Reuters and Kpler data.
Egypt rushes for LNG as summer power demand tops 40 GW
Egypt is seeking to import more LNG as electricity demand this summer is forecast to rise 8% above last year’s peak of 40 Gigawatt. Regasification capacity has been maximised, while the Damietta LNG export terminal gets used to store cargoes for emergency use.
China June LNG imports seen flat
China’s LNG imports in June are expected to be broadly unchanged from a year earlier at around 5.29 million tonnes, according to Kpler data cited by Bloomberg. The forecast implies a month-on-month increase from May imports of 4.9 million tonnes, as demand strengthens ahead of peak summer cooling, driven by higher air-conditioning use.
GECF dismisses EU methane rules penalising LNG imports
The European Union cannot set climate rules for the rest of the world as it moves to penalise LNG imports based on methane emissions, Philip Mshelbila, secretary general of the Gas Exporting Countries Forum (GECF) said at the Reuters Global Energy Forum in New York.
China’s e-truck push dents diesel, reshapes LNG demand
China’s push to electrify heavy-duty trucking is set to materially lift electricity demand, with potential knock-on effects on LNG imports. Around Beijing, electrification rates are expected to reach as high as 80% on certain corridors, accelerating the shift away from diesel and LNG toward grid-based energy.
Asia’s seaborne coal imports up 75 Mt on Qatari LNG squeeze
Suspension of nearly 10.2 mtpa of Qatari LNG supply to Asia is forcing utility buyers to switch to coal, with an additional 150 million tonnes (Mt) of consumption projected through 2030, roughly half of which in 2026 alone. A supply gap, not green policies, is driving demand, with RystadEnergy anticipating an LNG shortfall of 35 million tons this year.
EU spends billions on Russian LNG despite full ban set for 2027
EU member states spent more than €7.2 billion ($8.4 billion) on Yamal LNG last year – despite a full ban on LNG imports coming into force on January 1, 2027. “Russia has no adequate alternative to the EU market,” Urgewalt analysts commented, noting more than three-quarters of all Yamal LNG exports currently go to Europe.
China’s coal-led rebound caps LNG imports; Kpler says
A rebound in coal-burn is limiting China's power sector pull for LNG imports to 20 million tons, prompting Kpler analysts to revise down earlier projections of 35 Mt. Weather risk poses upside risk to coal-burn, with hotter summer forecast to add 50 Terawatt-hours (TWh) to China’s electricity demand.
Trump/von der Leyen deal reshapes Europe’s imports of US LNG
Europe’s future US LNG imports are poised to soar on the EU’s promise to import $750 billion in American energy products over the next three years. This promise was made by European Commission President Ursula von der Leyen to U.S. President Donald Trump in a bid to avert punitive tariffs from August 1.
Philippine’s LNG imports to jump more than 500% by 2029
LNG imports to the Philippines are forecast to jump 508% through to 2029, spurred by the fast-depleting Malampaya field which forces gas power plant operators to source fuel from abroad. Projections from the Philippine Energy Plan (PEP) show the transition to LNG could cost $3.9 billion (PHP218 bn) over the next four years.
