Sep

17

 I thought the specs would find interest in this given past discussions on coal. Japan is decreasing LNG use in favor of Coal.

Carder Dimitroff writes: 

This is interesting. Thank you for posting.

Not mentioned in the article is nuclear. Japan is restarting some of their nuclear units. Nuclear displaces LNG, even at $7 per MMBtu.

From NEFTE Compass:

Baltic Republics Get to Grips With First LNG Terminal

The new LNG vessel moored in Lithuania's Klaipeda harbor represents for millions of Baltic consumers the end of a quarter-century of Russia's natural gas monopoly.

It appears European demand may be increasing as Japan's demand falls. Helpful news for $D and $LNG


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