Asian LNG Demand Recovers Amid Lingering Geopolitical Risks

EnergyNow.com, Kpler · Aug 02, 2026 00:00

Asian LNG demand is showing signs of recovery from the impact of the Iran conflict, with the region's imports projected to reach 21.83 million metric tons in June 2026, an increase from the previous year. Despite this recovery, Asian spot LNG prices remain elevated, having surged to $22/MMBtu by late July due to ongoing Strait of Hormuz risks and tighter Middle East supply.