Asia Pacific gas & LNG: 5 things to look for in 2023

Predictions for the year ahead

1 minute read

What’s in this year’s report?  

With Russian pipeline gas flows to the EU effectively dead, Europe will continue setting marginal LNG spot prices in 2023. Given little new addition to global supply, high and volatile spot prices are expected to persist. What does this mean for Asia Pacific’s gas and LNG market? How will the need for more affordable and accessible gas impact domestic production and import levels?  

In this report, we draw on Lens Gas & LNG to explore the five key themes to watch in the largest and fastest-growing LNG markets in the world.  

This includes:  

  • Subdued long-term LNG contracting in Asia amid rising contract prices 
  • Sharp rise in Asian regasification capacity, but are pricing reforms needed to sustain growth?  
  • And more.  

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