• Global Gas Analytics
  • Analysis & Forecasts

Asia Pacific Storage

February 2018

The need for gas to rebuild storage volumes is supporting LNG imports into Northeast Asia.

As the peak winter period starts to pass, additional LNG will be required for storage rebuilds in Northeast Asia. Periods of below-average temperatures have supported the need for higher imports and withdrawals from storage. Stock rebuilds will support further demand for spot LNG in the region over the coming weeks. While stock levels were up by around 14% compared with the average for the past three years in South Korea at...