Southeast Asia production falling, imports to rise in the outlook

November 2021

LNG Market Outlook

Southeast Asian regional LNG imports are roughly 500,000 tons higher through the first ten months of 2021 than 2020 over the same period with most of the increase driven by Thailand where domestic production is falling rapidly. On the other hand, imports for Indonesia, Malaysia and Singapore are lower thus far in 2021. Except for Singapore, imports for each country in the Southeast Asian region are forecast to rise in 2022.

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