Asian LNG Imports Set for Six-Month High in July

Asia is on track to import this month the highest level of LNG since January as demand grows despite rising spot LNG prices in the region. Asia’s LNG imports are expected to stand at 24.85 million metric tons in July, the highest level in six months, and higher than the June imports, although prices have increased in recent months, per data compiled by Kpler and cited by Reuters columnist Clyde Russell. China and India are expected to see higher LNG imports in July compared to June, although Indian purchases tend to be much more price-sensitive…