29 April | Gas

Kpler expects slowdown in April LNG imports to Asia and EU

Kpler expects slowdown in April LNG imports to Asia and EU

Liquefied natural gas (LNG) imports to Asia are expected to remain low in April. Meanwhile, signs of seasonal demand weakness have started to emerge in Europe as winter peak consumption passed.

According to Kpler's preliminary estimates, Asia will purchase 22.4 million tons of LNG this month, down from the 23.32 million tons recorded last April. Reuters reports that much of this decline is due to lower imports from China. Higher prices and the trade confrontation with the United States are the main factors restraining demand for gas in the republic. The agency notes that China stopped buying American fuel two months ago. Still, the US continues to trade with other countries in the region.

Additionally, the United States remains the largest supplier of LNG to Europe. Kpler forecasts that gas imports to the EU in April may be the lowest in the last four months. However, year-on-year growth will be 15.7%. Most of this increase is provided by supplies from the US.

Reuters states that almost all LNG importers, except China, are looking to purchase more American gas, which suggests that the market may tighten.

Elena Berseneva MarketCheese
Gold sell
Period: 09.05.2025 Expectation: 10500 pips
Weakening gold demand to drive prices down to $3,200
30 April 2025 232
Period: 06.05.2025 Expectation: 1100 pips
US GDP and labor market reports could push EURUSD back toward 1.15 level
30 April 2025 97
Period: 03.05.2025 Expectation: 1305 pips
Nvidia is approaching resistance amid positive expectations
30 April 2025 48
Elena_Dorokhina
Elena_Dorokhina

Listed among the best MarketCheese authors
1st in the segment "Currencies"
Period: 07.05.2025 Expectation: 1944 pips
USDCAD downtrend continues amid easing auto tariffs
30 April 2025 59
Period: 09.05.2025 Expectation: 4000 pips
Consolidation above 290 level will accelerate Tesla's recovery
29 April 2025 96
Period: 25.05.2025 Expectation: 3330 pips
Selling AUDUSD to 0.6090 following Bearish 5-0 pattern activation
29 April 2025 61
Go to forecasts