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Asia Pacific Storage

October 2017

South Korea’s need to rebuild its gas storage volumes has boosted its LNG imports.

South Korea had around 3.8 billion cubic metres of gas in storage at the start of August, an increase of 72% year on year. However, stock drawdowns during the latter part of the summer are understood to have bolstered the requirements for additional LNG imports. Japan’s stocks were up by around 3% on an annual basis at the start of August, when the country had around 5.2 bcm of gas in storage....