Super El Niño Could Ease Asia’s LNG Supply Concerns

The super El Niño is expected to raise the winter temperatures in South Korea, Japan, and parts of China, potentially easing the gas supply needs in these key Asian LNG importers and leaving more cargoes for Europe, which struggles to fill its gas storage sites to adequate levels for this time of year.  The record El Niño weather pattern in the Pacific is expected to bring warmer winter weather in Japan, South Korea, Vietnam, Taiwan, Thailand, and parts of China, Bloomberg reports, citing major weather models for the coming winter. …