Related Articles
Forward article link
Share PDF with colleagues

Qatargas LNG pumps up Japan volumes after nuclear shutdowns

Extra LNG set to offset nuclear shutdowns

State controlled Qatargas is sending more that 60 additional LNG cargoes to Japan over the next 12 months, the company said over the weekend, which equates to around 4 million tonnes a year (t/y) of extra imports.This compares with forecasts of 6m-10m t/y of additional demand to plug around 10 gigawatts of nuclear power outages in the earthquake-ravaged country.  And although long-term LNG prices are expected to rise because of this extra demand, the reaction in the spot market was more subdued on the back of the Qatargas deal.    “While I was in Japan, I could see for myself the urgency to help so we need to move quickly. These additional cargoes of LNG will be supplied to a number of our l

Also in this section
Energy in future cities
11 August 2017
Populations are increasingly concentrated in urban settings, but metropolises don’t have to be planet polluters
Record-breaking clean energy investment overtakes fossil fuel spending
11 August 2017
As capital spending across the fossil fuel industry continues to fall, investment in low carbon energy is thriving, helping to push electricity sector capex to record levels, according to the International Energy Agency (IEA)
China—the green dragon
8 August 2017
Coal is on its way out as Beijing oversees a shift towards clean energy