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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
LNG
Japan’s LNG inventory for power stood at 1.92m tonnes by the end of 3rd week in August according to ICIS. This is 0.06 m tonnes down from last week, 0.1m tonnes higher than last year, and 5% lower than the 5-year average for the end of August.
- Japan is experiencing extreme heatwave and record-breaking power demand.
- The majority of the electricity increase in Japan will be met by coal power generation due to a 50% lower outage capacity comparing to the previous year in August.
- The unexpected shut down of the 700MW Reihoku nuclear power plant on August 21st may boost LNG demand for power in the last week of August.
Source: ICIS
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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