World’s biggest LNG buyers up their imports in May

Japan and South Korea received more LNG in May on an annual basis, defying expectations that imports would decline
By Andrew Walker 3 July 2017

Japan defied expectations by importing 13% more LNG on a month-on-month basis in May. Japan’s LNG demand is expected to decline as the country restarts nuclear power plants and increases its use of renewables and coal, but imports were nevertheless up in four of the first five months of 2017. Total import volumes between January and May 2017 amounted to just short of the 37.4 mtpa received in the first five months of 2014, a year when imports peaked at more...

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