SINGAPORE—Asia’s liquefied natural gas (LNG) demand growth may cool this year as buyers baulk at record-high spot prices pushed even higher by Europe’s shift to the super-chilled fuel amid the Ukraine crisis, analysts and industry sources said. High spot prices since late last year have already slowed trade and are likely to crimp demand growth of the fuel in Asia – the largest consuming region—even as some countries see widening gas supply deficits as domestic production falls. This comes just as new LNG buyers in Asia, the Philippines, and Vietnam, are set to enter the market later this year. “The LNG market has been evolving in an unfavorable manner for buyers as the supplies are forecast to be tight during the 2021–2025 period while demand is picking up after the pandemic,” said Vietnamese state firm PV Gas, which is set to trial the country’s first liquefied natural gas (LNG) terminal …