LNG demand in China, India expected to recover post-conflict
pre-market1 source ↓written by the desknot a recommendation
Liquefied natural gas (LNG) demand in China and India is projected to recover from multi-year lows following the potential end of hostilities between the US and Iran. With prices soaring from around $10 to nearly $30 per million BTU, a return to LNG is anticipated as supply normalizes and new sources are secured. 🌍💧
• The Strait of Hormuz is crucial for global LNG supply.
• Demand previously shifted to coal and oil during the conflict.
• Industry executives expect a rebound in LNG consumption as prices stabilize.
Not investment advice. For informational purposes only.