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Japan’s LNG Stockpiles Fall 2.8% on the Week

LNG
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LNG stockpiles held by Japanese utilities fell 2.8% w/w to 2.08m tons in the week to June 23 from 2.14m tons the previous week, according to data released by the trade ministry.

  • Volumes were unchanged from the previous year but above the previous five year average of 2.01m tons for the end of June.
  • Asian LNG imports are expected to dip slightly m/m in June to 23.18m metric tons, according to Reuters. Japan is set to import 4.69m tons in June, compared to 4.80m in May and 4.92m in June 2023.
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LNG stockpiles held by Japanese utilities fell 2.8% w/w to 2.08m tons in the week to June 23 from 2.14m tons the previous week, according to data released by the trade ministry.

  • Volumes were unchanged from the previous year but above the previous five year average of 2.01m tons for the end of June.
  • Asian LNG imports are expected to dip slightly m/m in June to 23.18m metric tons, according to Reuters. Japan is set to import 4.69m tons in June, compared to 4.80m in May and 4.92m in June 2023.