MARKETS

Korea LNG inventories points to an uneventful winter

KOREA’s LNG storage inventories have doubled since January, reaching almost 50% capacity, according to analysis from Bloomberg New Energy Finance, meaning it is likely to see through its winter period with adequate supplies.

However more spot cargoes may be needed

However more spot cargoes may be needed

Last winter a cold snap in the Northern Hemisphere led to a global spike in LNG prices as demand for heating soared.  However BNEF analysis indicates that Korean LNG inventories reached 3 million metric...

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