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
Good winds ahead
13 July 2017
World Energy Focus talks to Michael Hannibal, chief executive of Offshore operations Siemens Gamesa, the company's renewables division, about what has driven its development and how the industry plans to continue to drive down the cost of renewable energy
Green light for Egypt’s renewables
3 July 2017
After several quiet years, the sector is expanding to help meet power needs
Oil firms need to come clean on climate threat
26 June 2017
The sector must step up its investments in clean energy and efforts to mitigate climate change or risk being left with expensive, stranded assets, says a new report