{
  "id": 7955203,
  "title": "Asian LNG demand set to fall for second year as war shrinks supply",
  "url": "https://urgent.news/2026/09/17/asian-lng-demand-set-to-fall-for-second-year-as-war-shrinks-supply",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-17T04:54:11.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/commodities/asian-lng-demand-set-to-fall-for-second-year-as-war-shrinks-supply/article71475321.ece"
  },
  "original_language": "en",
  "account": "Liquefied natural gas (LNG) demand in Asia is projected to decline for the second year in a row due to the conflict between the US and Israel in Iran, which has restricted Gulf LNG supplies. Prices have risen to multi-year highs, leading to reduced consumption. Northeast Asia, particularly China, is bearing most of the demand destruction, with industrial gas consumption, ceramics, methanol, and glass sectors cutting output or shutting down due to high fuel costs. China's LNG demand is expected to fall by 6.1 million tons year-on-year. However, in India and Bangladesh, demand continues to be strong, driven by city gas distribution and fertilizer sectors. Despite high prices and limited supply, Asia's LNG demand is anticipated to recover in 2027, but prices are expected to remain high.",
  "summary": "Asia's LNG demand, which already fell in 2025, was expected to recover by 4-7% this year on lower prices fuelled by rising U.S. and Qatari supplies",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}