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LNG: Mild Winter in Japan to Ease LNG Constraints: Jera

LNG
Energy BulletsBulletPower BulletsAPACJapanCommodities

LNG supply and demand constraints are expected to ease due to a mild winter in Japan and a trend toward higher gas stocks in Europe, according to Jera cited by Bloomberg.

  • Jera will secure one cargo per month between December 2024 and February 2025.
  • The company is designated by the Japanese government to secure the cargoes as part of ensuring adequate heating season supply for the country's strategic LNG buffer.
  • As a supplier under the Strategic Buffer LNG network, it will sell surplus gas domestically when deemed necessary by the ministry.
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LNG supply and demand constraints are expected to ease due to a mild winter in Japan and a trend toward higher gas stocks in Europe, according to Jera cited by Bloomberg.

  • Jera will secure one cargo per month between December 2024 and February 2025.
  • The company is designated by the Japanese government to secure the cargoes as part of ensuring adequate heating season supply for the country's strategic LNG buffer.
  • As a supplier under the Strategic Buffer LNG network, it will sell surplus gas domestically when deemed necessary by the ministry.