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LNG: Japanese Utilities Increase LNG Stocks in Week to Sept. 8

LNG

LNG stockpiles held by Japanese utilities increased 14.2% w/w to 2.09m tons in the week to Sept. 8, according to data released by the trade ministry.

  • Stocks have recovered from the lowest since April seen last week.
  • Storage is above the five year average of 1.99m tons for the end of September and 27.4% higher than 1.64m tons this time last year.
  • LNG Imports to Japan rose by 0.59m tons last week recovering from multi week lows the previous week, according to BNEF.
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LNG stockpiles held by Japanese utilities increased 14.2% w/w to 2.09m tons in the week to Sept. 8, according to data released by the trade ministry.

  • Stocks have recovered from the lowest since April seen last week.
  • Storage is above the five year average of 1.99m tons for the end of September and 27.4% higher than 1.64m tons this time last year.
  • LNG Imports to Japan rose by 0.59m tons last week recovering from multi week lows the previous week, according to BNEF.