Asia’s Major LNG Importers Japan and Korea Turn to Coal

OilPrice.com Published Updated Commodities
Sign in to save

Affected assets and topics

Expected market reaction

Bearish Confidence 60% How confidence is read Horizon: Short term Impact: Moderate

Evidence trail

Evidence
Source OilPrice.com
Claim Asia’s Major LNG Importers Japan and Korea Turn to Coal
Affected assets LNG
AI inference Bearish · 60%
Generated 2026-05-12 15:30

AI provenance

Analysed by Rule-Based Analysis not AI Methodology v1.0 Generated
Technical identifiers
Provider tag
free-analysis-rule-based-analysis
Analysis version
free-analysis-rule-based-analysis
Article id
82757
Timeframe
6h

Prediction lifecycle

  • Rule-Based Analysis not AI LNG Bearish 60% 6h
    Generated 6h Excluded

    Excluded: no stored price within tolerance of this prediction's maturity, checked by rescore_expired_predictions

Logged at publication, scored automatically once the window closes — never edited.

Original source

Spiking LNG prices and reduced supply from the Middle East have prompted Japan and South Korea to raise coal power generation and coal imports in recent weeks. Gas-fired power generation in Japan and South Korea, the world’s second- and third-largest LNG importers after China, slumped to multi-month lows in April and early May. That’s because supply from the Middle East crashed with no Qatari shipment passing through the Strait of Hormuz between February 28 and this past weekend, when the first cargo cleared the chokepoint bound for…

Read the full article on OilPrice.com

Original article published by OilPrice.com on May 12, 2026. Analysis and insights provided by AnalystMarkets AI.

More of the LNG narrative

This model on similar stories

Rule-Based Analysis · 38.9% correct across 475 scored calls on equities See the full record