Home Resources Key priorities shaping APAC LNG procurement
Home Resources Key priorities shaping APAC LNG procurement
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Key priorities shaping APAC LNG procurement

As the Asia-Pacific (APAC) liquefied natural gas (LNG) market transitions from the challenges of 2023, a blend of optimism and caution defines the outlook for 2024. The state of the APAC LNG market in 2023 saw a recovery in demand, with significant contributions from China, South Asia, and Thailand. However, the landscape was marked by price volatility, shifting procurement strategies and geopolitical uncertainties. As we step into 2024, the key themes shaping the APAC LNG market revolve around lower prices, gas switching and the delicate balance of navigating uncertain market conditions.

This article will cover:

  • Price volatility and affordability 
  • Procurement strategy and market dynamics 
  • Policy and infrastructure development 
  • A look into China and India 

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