European LNG Imports Extend April’s Drop as Flows to Asia Climb

Europe’s imports of liquefied natural gas are heading for a second month of declines, as the Iran war disrupts flows.

In the first two weeks of this month, LNG shipments to the region extended a slide that started in April, shiptracking data show. Imports could dip by more than 1% year-on-year by the end of May — following a 7% decrease in April — according to estimates from data intelligence company Kpler.