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The Economic Times
The Economic Times

Asia cuts LNG buying, but $26 gas sends Europe shopping

Launceston, Australia: Asia's imports of liquefied natural gas are set for the weakest September in eight years as high spot prices deter buyers in China and South Asia.

The top-importing continent is expected to see arrivals of 20.09 million metric tons of the super-chilled fuel in September, the lowest for this month since the 19.88 million in September 2018, according to data compiled by commodity analysts Kpler.

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