Asian Purchases of Russian Gas Fall to Lowest Level in Two Years
- Japan utilities request alternative supplies from sellers
- China’s LNG imports from Russia dive to an 11-month low
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North Asian liquefied natural gas buyers are accelerating a push to diversify away from Russia, reducing imports from the country to the lowest level in almost two years.
At least two Japanese utilities are asking its suppliers to reduce deliveries from Russian projects, according to people with knowledge of the matter. End-users in South Korea aren’t buying Russian LNG from the spot market, the people added.