*The Oxford Institute for Energy Studies, in its latest quarterly gas market report released this week, predicts that southeast Asian LNG buying will likely prove more resilient to high prices than the established markets of Japan, China and South Korea as well as the heavily price-sensitive south Asian markets of India and Pakistan.
*This was certainly the case for 2022. Bucking the downward trend of overall Asian LNG imports, the largest southeast Asian market, Thailand, saw its LNG imports rise by 22% to a record 8.15mn tons despite a record average import price of $22.25/mn BTU, twice 2021 levels. (CONTINUED - 172 WORDS)
