Global LNG trade shifts back to Asia in Q3 2025

LNG carrier loading at an offshore LNG facility, illustrating global LNG trade flows

The global LNG trade shifted back toward Asia in Q3 2025 as strong summer temperatures and higher regional price signals drew cargoes away from Europe. Rising US supply, new Canadian exports and evolving market shares reshaped global LNG flows across the quarter. Spot global gas prices were fairly stable over the third quarter, holding mainly in an $11-13/MMBtu range during […]

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