• Global Gas Analytics
  • Analysis & Forecasts

Asia Pacific Storage

November 2018

High levels of storage in Northeast Asia are limiting requirements for additional imports at the start of winter.

South Korean gas stocks were 2% above the three-year average at the start of September, with around 3 bcm in storage. Gains at the start of the summer helped to improve the country’s position. While stock-building has supported South Korea’s need for additional LNG imports, further stock-related support for additional cargoes is anticipated to be weak at the start of the winter. Japan’s stocks were up by 4%...