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LNG: Japan Utilities LNG Stocks Fall Back from Previous Gains

LNG
Energy BulletsBulletPower BulletsAPACJapanCommodities

LNG stockpiles held by Japanese utilities fell 9.65% w/w on Nov. 24 to 2.06m tons, according to data released by the trade ministry cited by Bloomberg.

  • Storage had the previous week risen to the highest since July at 2.28m tons.
  • Stockpiles are below the five year average for the end of November of 2.13m tons and below levels of 235m tons around this time in 2023 and 252m tons in 2022.
  • LNG deliveries to Japan fell 0.44m tons in the week to Nov. 24, BNEF showed.
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LNG stockpiles held by Japanese utilities fell 9.65% w/w on Nov. 24 to 2.06m tons, according to data released by the trade ministry cited by Bloomberg.

  • Storage had the previous week risen to the highest since July at 2.28m tons.
  • Stockpiles are below the five year average for the end of November of 2.13m tons and below levels of 235m tons around this time in 2023 and 252m tons in 2022.
  • LNG deliveries to Japan fell 0.44m tons in the week to Nov. 24, BNEF showed.