Fragility of Japan’s LNG imports put Tokyo Bay supply at risk
JERA global chair & CEO Yukio Kani has pointed out the fragility of Japan’s LNG import system at an industry event in Tokyo Bay, where inventory covers just 10 days. “Any disruption could be critical, diversification is not optional,” he said, adding JERA secured 5.5 million tons of US LNG to meet post-2030 demand.
News Index September
LNG trading strategies require diverse approaches
Saeid Mokhatab and David Wood
There is a distinct contrast between two prevailing LNG trading alternatives: 1) the traditional, risk-averse, long-term contract-dependent with a floor price and tough take-or-pay terms; 2) the free market, short-term and long-term trading terms with prices indexed to a volatile gas market benchmark price.
These trading alternatives - result in a quite different balance of risks and rewards among the parties in each case.
Long-term contracts give sellers the assurance that they have defined and secure outlets for substantial volumes of gas at prices usually indexed to market prices for competing fuels.
LNG to find important place in European energy supply mix
Karim Nassif and William Ferara
The share of liquefied natural gas as a proportion of total natural gas demand is set to grow in Western Europe, with LNG suppliers and importers among the key beneficiaries.
