• Natural Gas News

    JERA sees muted impact on LNG prices from potential strike in Australia

Summary

Japan's JERA, one of the world's biggest buyers of liquefied natural gas (LNG), expects a muted impact on the market from a potential strike in Australia thanks to high stocks and low seasonal demand, a top executive said on Thursday.

by: Reuters

Posted in:

Complimentary, NGW News Alert, Natural Gas & LNG News, Asia/Oceania, News By Country, Australia

JERA sees muted impact on LNG prices from potential strike in Australia

SINGAPORE, Sept 7 (Reuters) - Japan's JERA, one of the world's biggest buyers of liquefied natural gas (LNG), expects a muted impact on the market from a potential strike in Australia thanks to high stocks and low seasonal demand, a top executive said on Thursday.

"I think the real impact is not much," JERA's Global CEO Yukio Kani told Reuters in an interview on the sidelines of the Gastech conference.

Advertisement:

The National Gas Company of Trinidad and Tobago Limited (NGC) NGC’s HSSE strategy is reflective and supportive of the organisational vision to become a leader in the global energy business.

ngc.co.tt

S&P 2023

"I can understand the sentiment (which led to price volatility), because recent events in Ukraine makes the gas market more volatile. So of course we should be very careful," he said.