Asia continues long-term LNG supply quest

The old, conventional LNG players Japan, South Korea, and Taiwan always placed value on security of supply above anything else. Partly that is because those 3 especially have no pipeline supplies from anywhere plus their geology does not allow them to create large-scale underground gas storage. So they need to be sure they are getting what they need when they need it and hence pay a premium. Cooperation with European players that fill up storage could be interesting especially if Europe takes the LNG that cannot be used off-season.

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