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Over the years, India has experienced a number of deadly civilian aircraft crashes.
Authorities said that more than 200 people died when an Air India flight bound for London crashed on Thursday minutes after it took off from India's western town of Ahmedabad. It was one of India's worst aviation tragedies. Here are some details about other recent airline accidents that occurred in India: AUGUST 2020 21 people were killed when a Boeing 737 Air India Express plane skidded from the runway during heavy rain in the southern town of Kozhikode, plunged nose-first into a valley, and crashed into the ground. May 2010 A Boeing 737 from Dubai crashed into a gorge after it overshot the runway in Mangaluru, a southern city. 158 people were on board. JULY 2000 A state-owned Alliance Air plane that was flying between Kolkata and New Delhi crashed in the Patna area, a residential district, killing more than 50 people. NOVEMBER 1997 Around 350 people were killed in a head-on collision between a Saudi Arabian Airlines and a Kazakhstan Airlines aircraft over the town Charkhi Dadri, located in northern Haryana. A Boeing 737 of Indian Airlines crashed in Aurangabad, a western city. 55 people were on board. AUGUST 1991 The 69 passengers on board an Indian Airlines Boeing 737 from Kolkata were killed when the plane crashed near Imphal, capital of the hilly state of Manipur in the north-eastern hills. During landing, an Indian Airlines Boeing 737 flying from Mumbai, India to Ahmedabad crashed, killing more than 130 passengers. The captain of an Air India plane lost control after takeoff, and the plane plunged into the Arabian Sea near Mumbai. All 213 passengers were killed. Reporting by Hritam Mukerjee from Bengaluru, editing by Alex Richardson and Andrew Heavens
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Air India plane crash - reactions around the world
Authorities said that more than 200 people died when an Air India flight bound for London, with 242 passengers on board, crashed shortly after it took off from Ahmedabad in western India. What world leaders have said to date: INDIAN PREMIER MINISTER NARENDRA MOTI, ON X The tragedy in Ahmedabad shocked and saddened all of us. "It is beyond words." I am thinking of everyone who is affected in this tragic hour. "I have been in contact with ministers and authorities working to help those affected." BRITISH PREMIER MINISTER KEIR STAMMER, ON: The scenes of the crash of an aircraft bound for London, carrying British nationals, in Ahmedabad city are heartbreaking. "I'm being kept informed as the situation evolves and my thoughts are with passengers and their family members at this deeply distressing moment." BRITAIN'S KING CHARLES, IN A STATEMENT ON X: The terrible events that occurred in Ahmedabad early this morning have left my wife and me utterly shocked. We send our deepest sympathies and prayers to the families and loved ones of those who have been affected by this tragic event in so many countries. U.S. SECRETAIRE OF STATE, MARCO RUBIO ON X: "Heartbroken by the news of a tragic airplane crash in Ahmedabad (India). "My prayers are with those who have lost loved ones in this terrible incident." PAKISTAN'S PRIME MINISTER SHEHBAZ SHARIF on X: We are deeply saddened by the crash of Air India near Ahmedabad. "We extend our condolences and sympathy to the families who are grieving the loss of this tragic flight." Our thoughts and prayers go out to all those who have been affected by this tragic event. The Vatican's Secretary of State, On X, said: "Deeply moved by the tragedy involving a Air India plane near Ahmedabad His Holiness Pope Leo XIV extends his deepest condolences and prayers to the family members and friends of the victims, as well as assurances of prayers for those involved in the recovery effort." His Holiness invokes divine blessings for healing and peace on all those affected by the death of loved ones. BANGLADESH CHIEF Adviser MUHAMMAD YUNUS IN A MESSAGE to MODI We extend our condolences and deepest sympathy to the families of those who have lost loved ones in this tragic accident. "We offer our full and unwavering support to the Government and people of India." MARK CARNEY CANADA'S PRIME MINISTER, ON X : "Canada is deeply moved by the crash in Ahmedabad of a plane bound for London, with 242 passengers, including a Canadian." In the wake of this tragedy, Canadian officials are in constant contact with their counterparts. "Our thoughts are with those who have been affected." URSULA VON DER LEEYEN, PRESIDENT OF THE EUROPEAN COMMISSION, ON X: “My deepest sympathies to the families and loved one's grieving this terrible death." "Dear @narendramodi: Europe stands with you and your people in this time of sadness." RUSSIAN PRESIDENT VLADIMIR PUTIN TO MODI IN AN OFFICIAL TEELEGRAM PUBLICED ON KREMLIN WEBSITE Please accept my sincere condolences for the tragic effects of the airliner accident at Ahmedabad Airport. Please convey your sincere sympathies and support to families and friends of those who died, and wish a speedy recovery to everyone injured in the accident. ITALIAN PRIME MINISTER GIORGIA MELONI, ON X: "I express the condolences of both the Italian government and myself to the families of those who died and our complete solidarity with the Indian people at this time of great sadness." PHILIPPINE PRESIDENT FERDINAND JR. ON X "On behalf of Filipinos, I offer my deepest condolences and prayers to Prime Minister Narendra Modi and the Government of India. My heartfelt sympathy also goes out to the loved ones and families of those who have lost their lives." The victims should be remembered with dignity and the efforts to comprehend this tragedy must bring comfort to the people left behind. FRENCH PREMIER EMMANUEL MACRONE, ON X We have been deeply affected by the plane crash that occurred in Ahmedabad. "In this time of sadness, I send my heartfelt condolences to the loved ones of the victims and Prime Minister @NarendraModi." AUSTRALIAN PREMIER MINISTER ANTHONY ALANESE, ON X The news of the passenger plane crash in Ahmedabad was absolutely devastating. Australia is thinking of everyone who has been affected in this tragic time. Our government receives regular updates, and we continue to closely monitor the situation." IRISH PRIME MINISTER, MICHEAL MARTIN: "My prayers and thoughts are with the Indian people after the horrible plane crash that occurred in Ahmedabad today." I am thinking of the families and emergency services who are on the scene, as well as the passengers. GENERAL SECRETAIRE OF BRITISH Airline Pilots' Association AMY LEVERSIDGE Pilots from around the world are saddened to hear this. The British Airline Pilots' Association offers condolences for all the victims. It is essential that a thorough and complete investigation be carried out now without any interference or unhelpful speculating about the contributing factors in order to avoid future tragedies." (Compiled by Hritam and Manvi Mukherjee in Bengaluru, edited by Andrew Heavens.)
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FAA reduces the area that helicopters can fly near Reagan Airport
The Federal Aviation Administration announced on Thursday that it will shrink the area where helicopters can operate around Reagan Washington National Airport. In March, FAA placed permanent restrictions on helicopter operations that were not essential around Reagan Airport to eliminate mixed helicopter/passenger jet traffic. This included permanently closing a key route. After the mid-air collision between an American Airlines regional plane and an Army helicopter on January 29, which killed 67 people, the National Transportation Safety Board issued two urgent safety recommendations. Sean Duffy, the U.S. Transportation secretary, said that he supported an independent audit of airspace operations in Washington, D.C., and safety oversight following this fatal crash. After the May 1 collision, and the serious near miss that occurred on the first of the month, two dozen U.S. Senators have requested the Pentagon and USDOT inspector generals to conduct audits to address the issues with coordination between the Army and Reagan's air traffic control and Army. U.S. Jerry Moran, Senator Jerry Moran of Kansas, Republican, has said that the Army will limit VIP helicopter flights near the Pentagon following safety concerns raised after the fatal accident. Moran stated that the Army would limit training missions around Reagan Washington National Airport, and restrict the number of senior officials and military personnel who could use helicopters as transport. After the close call on May 1, which forced two civilian aircraft to abort their landings, the FAA barred the Army in early May from priority or training transport flights around the Pentagon. Chris Rocheleau told reporters that the FAA was currently in negotiations with the Army regarding future military flights around Reagan. Moran stated that the Army had been ferrying three-star and higher generals before January 29. However, now the Defense Secretary and a small number of senior officials are eligible to fly when the Army resumes its flights. (Reporting and Editing by Bill Berkrot.)
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How hot or not is the stock market? Recent high-profile US IPOs: How they have performed
The debut of digital bank Chime is expected to give a boost to a market that has been recovering after a series of blockbuster listings over the past few months. Analysts say that despite the confidence-boosting performance of recent listings such as Circle, CoreWeave, and eToro, macroeconomic uncertainties and tariff risks may still cause investors to be more selective. Kat Liu is vice president of IPOX. She said that "Chime" could have a significant ripple effect. Many private companies are closely watching the situation, not only for valuation but also for secondary markets liquidity, investor appetite, and demand depth. This is how the S&P 500 benchmark has performed against an ETF that tracks major newly-public stocks over the last year. Here's a look at some of the largest IPOs from recent years: CIRCLE INTERNET The stablecoin issuing company raised In an upsized IPO in early June, the company raised $1.05 billion. The company debuted with a valuation nearing $18 billion when fully diluted. Shares More than doubled On day one, the stock closed about 168% higher than its IPO price. The stock price is 70% higher than its opening price. ETORO: eToro, the Robinhood rival, has been valued at $5.64 billion. shares surged In May, Nasdaq stocks rose 34%. In a larger IPO, the stock and cryptocurrency trading platform raised 620 million dollars. The stock price has fallen 10% since its debut. COREWEAVE: Although the AI cloud company's Nasdaq launch was a bit muted, its stock has nearly quadrupled despite opening almost 3% below their offer price. The Nvidia-backed firm raised About $1.5 billion was raised in the IPO, valuing it at about $23 billion if fully diluted. VENTURE GLOBAL LNG: In January, the liquefied gas exporter reached a valuation of $1.75 billion. This is less than half what it had originally hoped for. In a tepid NYSE debut, the company's shares were opened at a price nearly 4% lower than their IPO. Since then, they have fallen by around 30%. SAILPOINT: In their Nasdaq debut the shares of identity security company Thoma Bravo, which is backed by Thoma Bravo, traded flat. This valued it at $12.80 billion. Since then, the stock has lost almost 2%. Austin, Texas based company raised $1.38 Billion in an increased IPO. ARM HOLDINGS In September 2023 the chip designer raised $4.87billion in its offering, which valued it at $54.5billion. It sought to be valued at up to $52 billion. Shares of the company rose by 10% at open. Since then, the stock has more that doubled. INSTACART: In its IPO, the San Francisco-based Maplebear company was priced at the upper end of the range. In September 2023, it raised $660m at a valuation of nearly $9.9billion. It raised its price range proposed and aimed for a valuation up to $10 billion. Stocks of the grocery delivery app soared 40% at opening and have since gained 5%. VIKING HOLDINGS In April of last year, the cruise operator raised $1.54billion in its IPO. This valued it at $10.35billion. The cruise operator had sought to value the company at up to $10.8 billion. Viking's shares opened at 9% over their initial offer price, and have risen 80% since. STANDARDAERO: In October of last year, the aircraft maintenance service provider raised $1.44 billion by pricing its offering over range. The initial target was a valuation up to $7.69billion. Carlyle's company shares started trading at 29% over the original offer price. Since then, they have lost about 1%. LINEAGE: Cold storage real estate trust raised $4.45billion in its listing on July 20, 2024 at a valuation exceeding $18 billion. It had set a target of a valuation up to $19.16 billion. Stock of the company rose 5% at open on Nasdaq. It has dropped 45% from its opening price. REDDIT: Social media giant Facebook raised $748 million at its IPO last March, valuing it at $6.4 Billion -- the upper end of its target range. Since then, the stock has doubled. BIRKENSTOCK: The German sandal manufacturer, which is 250 years old, raised $1.48 Billion and was valued at $ 9.3 Billion in its IPO of October 2023. This was slightly less than its $10 Billion target. The shares of this company debuted at a price 11% lower than their IPO but have risen by 32% in the past. Sources: LSEG, filings, reports
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Air India plane crash: Reactions from around the world
Authorities said that more than 200 people died when an Air India flight bound for London, with 242 passengers on board, crashed shortly after it took off from Ahmedabad in western India. What world leaders have said to date: INDIAN PREMIER MINISTER NARENDRA MOTI, ON X The tragedy in Ahmedabad shocked and saddened all of us. "It is beyond words." I am thinking of everyone who is affected in this tragic hour. "I have been in contact with ministers and authorities working to help those affected." BRITISH PRIME MINISTER, KEIR STAMMER, ON: The scenes of the crash of an aircraft bound for London, carrying British nationals, in Ahmedabad city are heartbreaking. "I'm being kept informed as the situation evolves and my thoughts are with passengers and their family members at this deeply distressing moment." BRITAIN'S KING CHARLES, IN A STATEMENT ON X: The terrible events that occurred in Ahmedabad early this morning have left my wife and me utterly shocked. We send our deepest sympathies and prayers to the families and loved ones of those who have been affected by this tragic event in so many countries. U.S. SECRETAIRE OF STATE, MARCO RUBIO ON X: "Heartbroken by the news of a tragic airplane crash in Ahmedabad (India). "My prayers are with those who have lost loved ones in this terrible incident." The Vatican's Secretary of State, On X, said: "His Holiness Pope Leo XIV, deeply saddened by this tragedy involving a Air India plane near Ahmedabad sends his sincere condolences and prayers to the families of those who lost their lives. "His Holiness commends the souls to the mercy and grace of God, invoking divine blessings for healing and peace on all those affected." BANGLADESH CHIEF Adviser MUHAMMAD YUNUS SENT A MESSAGE DIRECTLY TO MODI We extend our condolences and deepest sympathy to the families of those who have lost loved ones in this tragic accident. "We offer our full and unwavering support to the Government and people of India." MARK CARNEY - PRIME MINISTER, CANADA The crash of an Air India flight bound for London in Ahmedabad, with 242 passengers on board including one Canadian, is deeply tragic. In the aftermath of this tragedy, Canadian officials are in constant contact with their counterparts. "Our thoughts are with those who have been affected." URSULA VON DER LEEYEN, PRESIDENT OF THE EUROPEAN COMMISSION, ON X: “My deepest sympathies to the families and loved one's grieving this terrible death." "Dear @narendramodi: Europe stands with you and your people in this time of sadness." RUSSIAN PRESIDENT VLADIMIR PUTIN, TO MODI IN AN OFFICIAL TEELEGRAM PUBLISHED BY KREMLIN WEBSITE Please accept my sincere condolences for the tragic effects of the airliner accident at Ahmedabad Airport. Please convey your sincere sympathies and support to families and friends of those who died, and wish a speedy recovery to everyone injured in the accident. FRENCH PREMIER EMMANUEL MACRONE, ON X We have been deeply affected by the plane crash that occurred in Ahmedabad. "In this time of sadness, I send my heartfelt condolences to the loved ones of the victims and Prime Minister @NarendraModi." AUSTRALIAN PREMIER MINISTER ANTHONY ALANESE, ON X The news of the passenger plane crash that occurred in Ahmedabad was absolutely devastating. Australia is thinking of everyone who has been affected in this tragic time. Our government receives regular updates, and we continue to closely monitor the situation." IRISH PRIME MINISTER, MICHEAL MARTIN: "My prayers and thoughts are with the Indian people after the horrible plane crash that occurred in Ahmedabad today." I am thinking of the families and emergency services who are on the scene, as well as the passengers. GENERAL SECRETAIRE OF BRITISH Airline Pilots' Association AMY LEVERSIDGE Pilots from around the world are saddened to hear this. The British Airline Pilots' Association offers condolences for all the victims. It is essential that a thorough and comprehensive investigation be carried out now without any interference or unhelpful speculating about the contributing factors in order to avoid future tragedies." Reporting by Alexander Marrow in London and Ruma Paul from Dhaka. Compiled by Hritam Mukherjee in Bengaluru and Manvi Pan in Bengaluru. Editing by Andrew Heavens.
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Sanchez's ally leaves Spain's ruling Socialist Party due to corruption allegations
On Thursday, a senior official from Prime Minister Pedro Sanchez’s Socialist Party resigned his posts in the party and the Congress over allegations of corruption. This case poses one of the greatest threats to the fragile coalition government of the country. Santos Cerdan resigned as the third-ranked Socialist Party (PSOE), organisational secretary after a Spanish Supreme Court Judge invited him to appear on June 25, Cerdan announced his resignation in a press release, saying he would devote his time to defending himself. He said, "I have never been guilty of any crime or complicity in one." "I repeat my innocence and I trust that my testimony in court will make it clear." According to a document obtained by us, Judge Leopoldo Puente who opened the case on Friday said that there was "strong proof" of Cerdan’s involvement in "improperly awarding" public works contracts for a fee. These acts are crimes of criminal organization and bribery that can result in prison sentences as long as eight years. According to a police report seen by the judge, they have a recording in which Jose Luis Abalos, former Transport Minister of Mexico, and Cerdan discuss suspected kickbacks. Cerdan said earlier that day that he could not recall the conversation. (Writing and editing by Charlie Devereux, Sharon Singleton, Alexandra Hudson).
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Air India plane crash: Reactions from around the world
Authorities said that more than 200 people died when an Air India flight bound for London, with 242 passengers on board, crashed shortly after it took off from Ahmedabad in western India. Here are the statements of world leaders so far. INDIAN PREMIER NARENDRA MODI, ON X. The tragedy in Ahmedabad shocked and saddened all of us. "It is beyond words." I am thinking of everyone who is affected in this tragic hour. I have been in contact with the Ministers and Authorities who are working hard to help those affected." BRITISH PREMIER MINISTER KEIR STAMMER, ON X The scenes of the crash of an aircraft bound for London, carrying British nationals, in Ahmedabad city are heartbreaking. "I have been kept informed as to the progress of the situation, and I am thinking about the passengers and their loved ones at this time that is so distressing." BRITAIN'S King Charles, IN A STATEMENT TO X: "My family and I were deeply shocked by the horrible events that took place in Ahmedabad on this morning. We send our prayers and sympathies to the families and loved ones of those who have been affected by this tragic event in so many countries. The Secretary of State for the Vatican, on X: "Deeply moved by the tragic accident involving an Air India plane near Ahmedabad His Holiness Pope Leo XIV extends his sincere condolences and prayers to the family members and friends of the victims, as well as the people who are involved in the recovery effort." "His Holiness invokes divine blessings for healing and peace on all those affected by the death of loved ones." BANGLADESH CHIEF Adviser MUHAMMAD YUNUS SENT A MESSAGE FROM MODI: We extend our condolences and deepest sympathy to the families of those who have lost loved ones in this tragic incident. "We are in full solidarity with India's people and Government, and we offer our support in all forms." URSULA VON DER LEEYEN, PRESIDENT OF THE EUROPEAN COMMISSION, ON X : "My sincere condolences go out to the grieving families and loved-ones." "Dear @narendramodi: Europe stands with you and India's people in this time of grief." RUSSIAN PRESIDENT VLADIMIR PUTIN, TO MODI IN AN OFFICIAL TEELEGRAM PUBLISHED BY KREMLIN WEBSITE Please accept my sincere condolences for the tragic events that occurred at the Ahmedabad Airport following the crash of an airliner. Please convey your sincere sympathies and support to families and friends of victims and wish a speedy recovery to those who were injured. FRENCH PREMIER EMMANUEL MACON, ON X We have been deeply affected by the plane crash that occurred in Ahmedabad. In this moment of sadness, I send my heartfelt condolences to the families of the victims and Prime Minister @NarendraModi." AUSTRALIAN PREMIER MINISTER ANTHONY ALABESE, ON X The news of the passenger plane crash that occurred in Ahmedabad was absolutely devastating. Australia is thinking of everyone who has been affected in this tragic time. Our government receives regular updates, and we'll continue to closely monitor the situation. IRISH PRIME MINISTER, MICHEAL MARTIN: "My prayers and thoughts are with the Indian people after the horrible plane crash that occurred in Ahmedabad today." I'm thinking of the families and emergency services who are on the scene, as well as the passengers. AMY LEVERSIDGE, GENERAL SECRETAIRE OF THE BRITISH AIRLINE PIPITERS' ASSOCIATION: Pilots from around the world are saddened to hear this. The British Airline Pilots' Association offers condolences for all the victims. It is essential that a thorough and comprehensive investigation be carried out now without any interference or unhelpful speculating about the contributing factors in order to avoid future tragedies." Reporting by Alexander Marrow in London and Ruma Paul from Dhaka. Compiled by Hritam Mukherjee in Bengaluru and Manvi Pan in Bengaluru. Edited by Andrew Heavens.
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The worst air crashes of recent years around the world
Authorities said that many people died when an Air India flight bound for London, with 242 passengers on board, crashed just minutes after it took off from Ahmedabad, a western city. This was the worst aviation accident in a decade. Here are some details about other deadly crashes that have occurred in recent years. UNITED STATES On January 29, more than 60 people died when an American Airlines regional jet collided into a U.S. Army Black Hawk chopper and crashed in the icy Potomac River, near Ronald Reagan Washington National Airport. SOUTH KOREA On December 29, 2024, the Jeju Air flight 7C2216 crash-landed at Muan Airport killing all of its 175 passengers as well as four out of six crew members. This was the worst air disaster to ever occur on South Korean soil. KAZAKHSTAN Azerbaijan Airlines flight J2-8243 crashed in Kazakhstan on December 25, after it was diverted from Russia. The crash killed 38 people. Ilham Aliyev, the president of Azerbaijan, said that the plane was damaged in December by an accidental shooting on the ground. Moscow hasn't confirmed this. On January 2, a Japan Airlines (JAL), Airbus A350-941 flight, collided with an aircraft of the Coast Guard. The Airbus A350-941 JAL flight was carrying 379 passengers. All of them escaped from the burning plane. Five out of six crew members on the smaller plane were killed. On March 21, 2022 a China Eastern Airlines Boeing 737-801 crashed into a mountainous area in southwest Guangxi, killing all 132 passengers. This was the deadliest aviation accident in China in 28 years. IRAN Iran’s Revolutionary Guards destroyed a Ukraine International Airlines Boeing 737 800 on Jan. 8, 2019, shortly after the plane took off from Tehran Airport. All 176 passengers and crew were killed. Iran's civil Aviation body blamed an incorrectly aligned radar system and an error made by an air defence operator. ETHIOPIA On March 19, 2019, minutes after taking off from Addis Ababa to Nairobi, a Boeing 737 MAX 8 Ethiopian Airlines plane crashed killing all 157 passengers on board. The Boeing 737 MAX global aircraft fleet was grounded shortly after due to safety concerns. INDONESIA On October 29, 2018, a Boeing 737 MAX Lion Air aircraft crashed into the Java Sea shortly after it took off from Jakarta, killing all 189 passengers and crew members. MALAYSIA Malaysian Airlines Flight MH17, which was bound for Kuala Lumpur from Amsterdam on 17 July 2014, was shot down in eastern Ukraine during a fierce battle between pro-Russian rebels and Ukrainian forces. All 298 passengers aboard were killed. Malaysia Airlines Flight MH370 disappeared on its journey from Kuala Lumpur towards Beijing on 8 March 2014. No remains of the Boeing 787 or the 239 passengers have been discovered. (Compiled by Joanna Plucinska, edited by Andrew Heavens.
Maguire: Rising Asia temperatures bode good for US LNG export prospects
The U.S. has already set records for exports of LNG in 2025. However, forecasts that temperatures will be above average across the key Asian markets could push them higher this summer.
All three countries are expected to maintain above-normal temperatures through August. This will likely increase the use of air conditioners that consume a lot of energy.
This higher demand will spur utilities to increase generation from all sources available, including natural gas plants that are fed mainly with imported liquefied gas (LNG).
This positive outlook for demand is good news to U.S. exporters of LNG, who are riding the wave of strong European demand but may face a slowdown in European purchasing this summer.
HEAT AND STICKY
The temperatures in East Asia have already risen above their long-term averages and are expected continue to rise over the next couple of months.
LSEG data shows that the average temperatures in Japan – the second-largest LNG importer in the world after China in the year 2024 – are expected to be around 6% higher than the long-term mean from now until the end of August.
South Korea, Taiwan and Hong Kong, as well as several Chinese cities, are expected to have similar readings.
The forecasted high temperatures will likely be accompanied by high levels of humidity, as the northern hemisphere's summer coincides in part with Asia's rainy season.
This will in turn lead to a heavy use of air conditioners, which can increase power demand during heatwaves.
GAS HEAVY
Asia's electric producers are accustomed to the rise in summer electricity demand, and they adjust their output levels.
In 2024, the average electricity demand in June, July, and August, the hottest months, was around 9% higher than the average monthly demand for the entire year.
In order to meet the increased demand, utilities have increased output of all power plants, especially fossil fuel ones, which can provide power on demand when renewable energy sources are not producing enough.
Ember data show that the average monthly generation of gas and coal in Asia between June, July, and August, last year, was around 5% higher than 2024's average.
LNG RELIEF
In order to meet the anticipated higher demand for electricity in June, July, and August, Asian LNG buyers tend to purchase more LNG during May, June, and July.
According to Kpler, between 2021 and 2024 the U.S. exports of LNG to Asia in May, June, and July will average around 7,8 million metric tonnes per month.
This compares to an overall average of 2,23 million tons per month for Asia from 2021-2024, and highlights how LNG is a key power fuel in the Asian summer.
PRICE POINT
The price of LNG is a key factor in determining the potential Asian purchase. LNG must compete with coal for power generation, but has been too expensive recently for many Asian consumers.
According to LSEG, the average price of U.S. LNG exported in 2025 has been $8.54 per 1,000 cubic feet, an increase of 35% over the average for 2024.
The price of LNG could fall if Asian LNG sales increase, as European LNG orders tend to decline to their lowest levels in a year.
Kpler data indicates that in the first half 2025, European and Asian markets will account for about 70% of U.S. LNG exported.
The average monthly volume of U.S. LNG shipped to Europe between January and June was around 6 million tonnes, compared with around 1.6 millions tons a month for Asia.
Gas storage operators in Europe will be judged on how quickly they replenish their inventories. They were depleted during the winter, and need to replenish them before next winter.
According to LSEG, the gas stocks in Europe are currently around half full. This compares with around 70% of their capacity at this time next year.
Gas storage operators may choose to replenish as soon as possible. This could mean that Europe's LNG imports will remain strong in the months ahead.
If Europe's storage companies decide to wait until autumn to replenish their stocks or to refill tanks with pipelined supplies, the LNG purchases in Europe could fall sharply.
This sudden decline in European orders will likely lead to a price cut, which in turn will attract new buyers in Asia, where power firms have already been preparing to increase output.
This suggests that the overall U.S. export volumes of LNG should remain relatively robust at least for the near-term, regardless where the buyers reside.
These are the opinions of a columnist who writes for.
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(source: Reuters)