Directional impact on forecast:
Bearish on Northeast Asian LNG spot prices
Japan looks set to bring more nuclear reactors back online in Q2/Q3, which will hit gas-fired power generation during the peak of the summer.
Reactors 3 and 4 at Kansai Electric’s Takahama nuclear power plant are both scheduled to restart full commercial operations by early Q3. Kansai has announced that reactor 4 is scheduled to be back online in May and will start commercial operations in June, while reactor 3 will restart in June...