Is This The End Of The LNG Story? from Gordon Haave
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