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This insight chronicles the various factors that will drive LNG demand down in the world's two largest LNG markets in 2016. Baseload power capacity is ramping up at a time when overall power demand is declining or weakening. Gas and power demand is also getting hit by a weaker global economy. Knock-on effects of a slowing Chinese economy is particularly impacting industrial gas and power demand. Warmer-than-expected winters and cooler-than-expected summers have also played a significant role in reducing electricity-intensive heating and air-conditioning demand.
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Whats driving short-term LNG demand in Japan and South Korea.pdf PDF - 921.99 KB
Description
This LNG Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.
If you want to look at the trends, risks and implications of this topic, this report gives you an alternative point of view to help inform your decision making.
Offering bottom-up market analysis for over 150 LNG supply assets, 28 LNG-importing countries and more than 500 LNG contracts, Wood Mackenzie is the definitive and trusted resource for the LNG industry.
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Insight | Mar 2016
What's driving short-term LNG demand in Japan and South Korea?
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