Asia cuts LNG buying, but $26 gas sends Europe shopping
- Posted on September 17, 2026
- By Business News Today
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- 1 min read
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Asia cuts LNG buying, but $26 gas sends Europe shopping
Asia's liquefied natural gas imports are experiencing an eight-year low this September. High spot prices are causing buyers in China and South Asia to reduce their purchases. This situation allows Europe to secure more vital gas cargoes for winter storage needs. Qatar's reduced LNG shipments due to regional conflict have tightened the global market. Consequently, spot prices for the super-chilled fuel have reached multi-year highs.
