Japan and South Korea would appear well-supplied for LNG this winter
Japan and South Korea prepare for crucial winter
Nuclear availability and the extent of low temperatures will decide how much LNG they will need for the months ahead
Japan and South Korea have been stocking up on LNG as Asia’s second- and third-largest gas markets look to avoid a winter supply crunch. But their respective appetites for additional volumes in coming months will likely be determined by the availability of nuclear power and the degree of cold weather. Jera and Kogas, the biggest importers in Japan and South Korea respectively, along with other major buyers such as Kansai Electric and SK E&S were active in the Asian spot market up until the end of August, in a sign the JKM’s rise to a historically high $60-70/mn Btu did not price Asian importers out of the ultra-expensive market. But relatively robust procurement from Northeast Asian impo
Also in this section
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.
