LNG Imports
- By Region
Asia is the leading importing region. The largest Asian LNG importers are China, Japan, South Korea, India and Taiwan. In 2021, Asia imported 272.5 MT, accounting for 73.2% of global LNG imports.
The Asian continent is currently driving demand growth, notably led by growth of LNG imports into China, which has overtaken Japan as the largest LNG importer.
In 2021, Europe imported 75.05 MT of LNG. The main importing countries in 2021 where Spain, France and the United Kingdom. Europe is a residual market for LNG and has acted during the past years as a balancing market. LNG imports into Europe are usually triggered by price differentials between Asia and European markets.
In 2021, America, driven by Brazil, Chile and Argentina imported 17.97 MT, and the Middle East and Africa imported a combined 6.76 MT.