• Global Gas Analytics
  • Analysis & Forecasts

Asia Pacific Storage

December 2018

Healthy gas storage volumes in Northeast Asia will weigh on the need for additional imports to boost stock levels this winter.

Storage volumes in South Korea were up by 8% on an annual basis at the start of October, with 4.9 bcm of gas in stock. Japanese stocks were up by 7% year on year, with 4.8 bcm in storage. Although stock levels dipped on an annual basis during the summer peak in both countries, strong LNG buying and stock building have since helped to boost...