Asian LNG Demand Set to Rebound

Industry executives expect LNG demand in China, India and Pakistan to rebound once the Middle East conflict ends and prices normalize. Sky-high prices forced consumers to switch to alternative fuels earlier this year.

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QatarEnergy's liquefied natural gas (LNG) production facilities, amid the U.S.-Israeli conflict with Iran, in Ras Laffan Industrial City, Qatar March 2, 2026. REUTERS/Stringer

Asian liquefied natural gas demand will rebound across China, India, and Pakistan once the United States–Iran war ends. Spot prices have surged to nearly $30 per million British thermal units from $10, driven by Middle East export bottlenecks.

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