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
Bright forecast ahead for solar energy?
12 May 2017
Solar costs continue to fall, recently hitting less than 3 cents/kWh in some parts of the world. But the scaling back of incentives and constraints of the existing electricity infrastructure could hinder future expansion
The US' greener red states
3 May 2017
Wind and solar energy have put down roots across the US and will keep growing even if Washington turns hostile
Prudence in a changing climate
13 March 2017
Big oil is starting to invest in renewable energy before it is too late