Directional impact on forecast:
No impact on Northeast Asia LNG spot prices
The temporary shutdown of four nuclear reactors in South Korea is not expected to provide a boost to LNG demand in the country over the coming months.
Four reactors at the Wolsong nuclear plant were manually shut down following a 5.8 magnitude earthquake that hit South Korea in September. The combined capacity of the reactors is 2.7 GW, accounting for 11% of the country’s total nuclear capacity. Initial safety checks have not found...