Free Trial
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
LNG storage at major Japanese power utilities fell to 1.79m tonnes in August, down by 0.96m tonnes on the year and 0.21m tonnes below the five-year average according to trade ministry data.
- Storage levels continued to fall into early September, falling by 13.9% on the week to 1.73m tonnes by the 3 Sep.
- Stocks are already below the five year average of 2.06m tons for the end of September and are down 35% from 2.66m tons a year ago.
- The weather forecast isn't offering much relief from the summer heat, with temperatures still hitting mid-30s Celcius into mid-month, and power consumption only slightly down from August so far according to ICIS.
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok