LNG

Japan has been returning to nuclear power and now has nine units operating with a total electricity generation capacity of 8.7 gigawatts and a US report has forecast that imported LNG supplies for Japanese gas-fired power plants would likely decline in 2019.

Japanese liquefied natural gas import prices rose by 16.7 percent compared with the year-ago period and more shipments from the Middle East offset lower Asian cargo volumes while US LNG cargo volumes are catching up with those from Russia.