Global LNG imports up, driven mostly by Asia and Latin American

November saw a 2.8% y-o-y increase in global LNG imports, reaching 35.4Mt. The primary contributors to this substantial rise were the Asia Pacific and LAC regions, notably Brazil, China, India, South Korea and Thailand. In contrast, Europe experienced a continued decline in LNG imports for the fifth consecutive month, marked by significant decreases in Greece, Portugal, Spain, Turkey and the United Kingdom. On the supply side, global LNG exports grew by 1.5% y-o-y to34.8 Mt, driven by stronger exports from Malaysia, Mozambique, the United Arab Emirates and the US. Source: GECF