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Japan's LNG stockpile surges in Ukraine war-induced energy crisis

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14 Comments
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The world is under the mercy of Russia.

-11 ( +0 / -11 )

There is no shortage of fuel at all

The ‘crisis’ is artificial

6 ( +8 / -2 )

Still, energy prices in Japan are still rising.

0 ( +4 / -4 )

So why are we paying higher gas prices?

1 ( +4 / -3 )

Japans LNG imports in 2022

Imported from USA 4.13 million tonnes, down 41.5%

Imported from Qatar 6.74 million tonnes, down 44.7%

Imported from Russia 6.86 million tonnes, increased by 4.6%

Imported from Malaysia and Indonesia 17.93 million tonnes, increased by 9.2%

Imported from Australia 31 million tonnes, increased by 15%

https://lngprime.com/asia/japan-was-the-worlds-largest-lng-importer-in-2022-followed-by-china/71299/

Japan has enough options for importing LNG that it does not need any from Russia, the other suppliers can easily cover what Russia exports to Japan. should Russia withdraw supply.

2 ( +3 / -1 )

wallaceToday  10:58 am JST

So why are we paying higher gas prices?

Uhmmm..... I give up ! Why ???

-2 ( +1 / -3 )

Company greed.

3 ( +4 / -1 )

Prices higher because master dollar and yen going astray.

2 ( +3 / -1 )

Company greed.

It was a rhetorical question........I agree with your comment.

-2 ( +0 / -2 )

German lng storage is also at record high level. You hoard food before typhoons, nations do the same thing with crisises

0 ( +0 / -0 )

Japan should totally boycott Russia, Japan should divest itself of any investments in the Sakhalin joint venture and buy its 9% of LNG on the open market like the other G7 members.

0 ( +0 / -0 )

@wallace

never let a good crisis go to waste…

-1 ( +0 / -1 )

Today we got the electricity bill with 20% off with the government subsidies but not so with the gas, which was also promised.

0 ( +0 / -0 )

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