Asia Pacific Trade

March 2017

The potential for seasonal increases in Northeast Asia’s LNG requirements this summer is already heating up the market.

Higher-than-average temperatures are forecast for Japan this summer, which will support seasonal demand if realised. LNG imports received a boost in Japan and South Korea at the start of the year, with volumes entering Japan rising by 15% year on year in January and South Korea taking 27% more. Demand in both countries is expected to be weak through the spring. But with relatively low volumes of gas...

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