Japan utilities LNG stockpiles slump as hot summer lifts air-conditioner demand
TOKYO: Liquefied natural gas (LNG) stockpiles held by Japanese electric utilities hit more than one-year lows, as the hot summer drives usage of air-conditioners and typhoons delay cargoes, data released by Japan's industry ministry showed on Wednesday (Aug 23). Japan and China are the biggest LNG importers globally but Japan has been recently cutting imports as the restart of nuclear…