Directional impact on forecast:
Bearish for spot LNG prices
Just seven of South Korea’s 24 nuclear reactors remain offline after more facilities returned to service recently following routine maintenance.
Up to 11 reactors were offline during Q2, meaning demand for gas from the country’s power sector is set to ease as its nuclear output increases.
A severe heatwave has pushed temperatures to record highs in parts of Northeast Asia – including South Korea, where some areas have...