Global gas markets are expected to remain tight next year as Russian pipeline gas supplies dwindle and gas demand falls in Europe in response to energy saving measures and high prices, the International Energy Agency (IEA) said on Monday.
Europe has been trying to fill the gap of Russian pipeline gas this year, partly through increased liquefied natural gas imports.
This means Asia's LNG imports could stay at lower levels than last year for the rest of 2022, due to high gas prices in Europe, drawing in more cargoes.
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