Gas buyers in Japan and South Korea are expected to benefit most from potential liquefied natural gas (LNG) exports, while Australian producers and European wholesalers could be under pressure. The tw..
Gas buyers in Japan and South Korea are expected to benefit most from potential liquefied natural gas (LNG) exports, while Australian producers and European wholesalers could be under pressure. The two Asian countries, which are the world’s largest LNG consumers, will welcome potential US exports of LNG, according to a new report from Moody’s Investors Service.
“Buyers in Japan and Korea will have widening supply options, in addition to new supplies from Australia,” said Mihoko Manabe, vice president and senior credit officer for Moody’s. “They will benefit from the increased quantity and diversity of their gas supply, as well as a stronger negotiating position
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