# In 2023, China's appetite for LNG set to rise amid tepid demand across Asia

> China's LNG imports are expected to rise in 2023 despite weak demand across Asia. Asian spot LNG prices hit record highs in 2022 after Europe imported record LNG volumes following Russian pipeline cuts.

- Date: 2023-02-01 · published 2023-02-01T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/37946-in-2023-china-s-appetite-for-lng-set-to-rise-amid-tepid-demand-across-asia
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Stronger Chinese LNG buying could support global gas prices, which feed into fertilizer and energy costs.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2018-02-04 | [China's newfound LNG appetite drives up Asian energy costs - Nikkei Asia](https://feedsoft.ai/events/66668-china-s-newfound-lng-appetite-drives-up-asian-energy-costs-nikkei-asia.md) | -8.9% | -6.1% |
| NATGAS | 2021-10-08 | [Asia LNG price soars on China power crunch, European demand](https://feedsoft.ai/events/44764-asia-lng-price-soars-on-china-power-crunch-european-demand.md) | +1.9% | +0.5% |
| NATGAS | 2018-04-02 | [Increase in Chinese Demand for Natural Gas Leads to Structural Change in Spot Prices](https://feedsoft.ai/events/65701-increase-in-chinese-demand-for-natural-gas-leads-to-structural-change-in-spot.md) | -0.6% | +0.9% |
| NATGAS | 2026-05-15 | [Asia LNG demand rebound lifts upside risks to Europe gas prices, Goldman Sachs says - The Economic Times](https://feedsoft.ai/events/19440-asia-lng-demand-rebound-lifts-upside-risks-to-europe-gas-prices-goldman-sachs.md) | +8.3% | +8.7% |
| NATGAS | 2018-02-14 | [Asia's Soaring Gas Demand Opens Window for New LNG Projects - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/66670-asia-s-soaring-gas-demand-opens-window-for-new-lng-projects-energy-news-top.md) | +2.6% | +4.8% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/2023-chinas-appetite-lng-set-rise-amid-tepid-demand-across-asia-2023-01-05/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.