Here we go. Japan brings back the nukes, China still buys more coal than ever, Egypt is out as a customer for LNG and some other hopefuls are not developing as wished. Meanwhile, the China miracle for LNG starts to hit the breaks as infrastructure barriers produce their effects. It’s still an oversupply story for LNG and it always was – for those that like to see only of course.
Japan’s consumption of liquefied natural gas (LNG) is set to fall as the country’s nuclear reactors restart, with output from atomic power set for its highest since the aftermath of the Fukushima disaster.