LNG

Weaker industrial activity and high LNG prices have slowed global gas demand markedly in 2025, the International Energy Agency (IEA) finds. Gas demand in the power sector grow by less than 1%, due to high spot LNG prices, improved nuclear availability in Asia and continued renewables growth.

Indonesia and Japan will discuss LNG imports when Indonesia’s President Susilo Bambang Yudhoyono visits Tokyo, with state-owned energy company Pertamina planning to cut annual exports by as much as 60 percent when some contracts expire in 2010.