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Global gas prices diverge as Asian LNG strengthens while European and US benchmarks ease

Editor
February 25, 2026

Japan LNG resales hit record as companies expand overseas trading

Editor
February 25, 2026

LNG market outlook shifts as buyer power grows and supply momentum fades

Editor
February 18, 2026

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Price spreads and shipping costs between Asia and Europe spot LNG markets

Global gas market tightens as record LNG imports reshape winter trade flows

The global gas market tightened sharply in January 2026 as extreme winter conditions drove a surge in LNG demand and intensified competition between importing regions. Record LNG imports at the start of 2026 highlight a market increasingly driven by weather shocks and shifting regional demand. Strong heating needs across the Northern Hemisphere pulled cargoes toward Asia, which posted the largest […]

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ASEAN natural gas net exports by year showing decline toward import dependence

Southeast Asia LNG demand rises as region shifts toward net import dependence

Southeast Asia LNG demand is set to grow strongly as declining domestic production, ageing gas fields and limited new discoveries tighten regional supply while energy consumption continues to rise. The shift is pushing the region toward structural import dependence, increasing its exposure to global LNG price volatility and intensifying competition with other Asian buyers for available cargoes. Southeast Asia is […]

Destinations of Russian LNG exports by continent showing Europe and Asia shares

Russian LNG exports remain tied to Europe despite pivot to Asia

Russian LNG exports continue to rely heavily on European buyers even as pipeline flows decline and geopolitical tensions push Moscow to seek alternative markets. Structural constraints on shipping, infrastructure and new capacity limit Russia’s ability to redirect volumes quickly toward Asia, leaving Europe central to its LNG trade in the near term. A broader analysis of Russian fossil fuel trade […]

EU and UK natural gas demand seasonal trends showing winter peaks and summer lows

Global gas demand rebounds as inventories tighten and trade flows shift

Global gas demand rebounded sharply at the end of the year while inventories declined, particularly in Europe, pointing to tightening supply conditions across key markets. The report tracks shifts in production, trade flows and storage that are shaping the global energy balance and influencing price dynamics. It offers essential context for understanding near-term market risks and the outlook for gas […]