Asia Pacific Storage

March 2018

Requirements for storage builds will help drive imports over the coming months.

Japan entered the peak of the winter demand season with stocks up by roughly 5% year on year. LNG import levels fell by 0.5% on an annual basis in January and further declines are expected this year. In South Korea, stocks were up by 34% on an annual basis at the start of January. Nevertheless, South Korea will still be looking to rebuild stocks before the summer, and storage levels could continue to rise...

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