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Market
September 29, 2021

Japanese LNG stocks surge ahead as the country seeks to avoid a supply crunch this winter

Laura Page
Senior LNG Analyst

Japan’s LNG stocks rose well-above previous year levels in September as the country faces the prospect of another cold winter. Despite high spot cargo availability and record low spot LNG prices last summer, the country failed to build adequate inventories ahead of winter 2020-21, causing a rush to secure expensive last-minute supplies when cold weather hit in January.

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