Asia Slashes Russian LNG Imports To Two-Year Low

Major LNG buyers in North Asia have slashed imports of liquefied natural gas from Russian export projects to the lowest in two years as the world’s top LNG importers look to diversify supply amid ample current supply. In June, Asian imports of LNG from Russia slumped by 15% to the lowest levels since August 2021, shipping data compiled by Bloomberg showed on Wednesday.  China, which has been buying record volumes of crude oil from Russia, has recently slashed LNG purchases from Russian export plants. Chinese LNG imports from Russia halved…