Japan imports less LNG in July

Image courtesy of Tepco
Image courtesy of Tepco

Imports of liquefied natural gas (LNG) by world’s largest consumer of the chilled fuel, Japan dropped 5.4 percent in July as compared to the same month a year ago.

Japan imported 6.58 million mt of LNG in July, according to the provisional data by Japan’s Ministry of Finance.

The data showed that Japan’s LNG imports from Middle East dropped 25.8 percent to 1.27 million mt in July.

The country’s coal imports for power generation also dropped 14.4 percent to 9.31 million mt.

Japan paid about US$2.23 billion for LNG imports in June, down 43.2 percent on year, according to the ministry’s data.

To remind, the price of spot LNG cargoes arriving in Japan in July rose 33 percent from June to $6 per mmBtu on DES basis.

 

LNG World News Staff

Share this article

Follow LNG World News

Events>

<< Aug 2019 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1

5th CWC China LNG & Gas International Summit & Exhibition

5th CWC China LNG & Gas International Summit & Exhibition will return 16 – 17 October 2019, bringing together the key players…

read more >

LNG Pricing, Trading & Hedging Houston

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >

Offshore Energy Exhibition and Conference 2019

The three-day event includes an exhibition where an expected 600+ supply chain companies will showcase their products and services.

read more >