Lower than average stock levels in South Korea at the end of winter could support demand for spot cargoes this summer.
South Korea had around 2 bcm of gas left in storage at the start of March, roughly 1 bcm lower than the early March average over the past three years. This will increase the need for imports over the summer, and potential requirements for spot cargoes. Japan had approximately 5.6 bcm of gas in stock in early March, which is close to the average over the past three years.
Log in or register for a free trial to continue reading this article
Already a subscriber?
If you already have a subscription, sign in to continue reading this article.Sign in
Not a subscriber?
To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.Sign up