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Asia Pacific - Storage

Natural gas analysis & forecasts February 2019

Storage levels in much of Northeast Asia are expected to be relatively high at the end of the withdrawal period, which could weigh on requirements for restocks ahead of next winter.

The moderate temperatures that have dominated during the winter in Northeast Asia have hit stock drawdowns. With average-to-above-average temperatures forecast to persist in much of the region through the end of February and into March, demand for gas from storage is anticipated to remain limited for the time of year. China had comparatively high levels...