Taiwan was only Asian country to increase LNG imports in first half of 2025

As reported by Reuters, in the first half of 2025, liquefied natural gas (LNG) imports to Asia saw a sharp decline amid slowing economic growth and escalating trade tensions with the US. Taiwan was the only exception. After shutting down its last nuclear reactor, the island was forced to ramp up purchases of the fuel to cover its energy shortfall.

Asia's LNG imports dropped by about 16 million tons year-on-year in the first half of 2025, Kpler data shows. The decline in the world's largest gas-consuming region, accounting for two-thirds of global demand, sent prices plunging 16%. Taiwan was the sole bright spot, boosting purchases by 100,000 tons compared to the same period last year.

Forecasted record-breaking heat this summer could further increase the island nation's demand for thermal energy in the coming months. Under these conditions, Taiwanese energy firms are expected to significantly ramp up imports of the fuel, according to Reuters.