Japan: spot LNG price drops to USD 7.6 per mmbtu in February

Japan: spot LNG price drops to USD 7.6 per mmbtu in February

The average price of spot-LNG imported into Japan that was contracted in February 2015 was at $7.6 per mmbtu on DES basis, Japan’s Ministry of Economy, Trade and Industry (METI) said in a statement.

The average price of spot-LNG imported into Japan that arrived in February 2015 fell to $10.7 compared to the January price that averaged $13.9 per mmbtu.

Only spot LNG cargoes are taken into account in this assessment, excluding short, medium and long-term contract cargoes, as well as those linked to a particular price index.

Japan imported 87.73 million tonnes of LNG in the fiscal year ended in March, up 1 percent compared to the same period a year ago.

 

LNG World News Staff; Image: Tepco

Share this article

Follow LNG World News

Events>

<< Sep 2019 >>
MTWTFSS
26 27 28 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 1 2 3 4 5 6

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

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 >

LNGgc London

LNGgc is a fantastic way of raising attendees’ company profile within this market and creating greater awareness of their brand…

read more >

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 >