Japan spot LNG price in March at USD 8 per MMBtu

Japan spot LNG price in March at USD 8.0 per MMBtu

The average price of spot LNG imported into Japan that was contracted in March is 8 USD/MMBtu 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 March is 7.6 USD/MMBtu, dropping further from the 10.7 USD/MMBtu in February.

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: Tokyo Gas

Share this article

Follow LNG World News

Events>

<< Mar 2020 >>
MTWTFSS
24 25 26 27 28 29 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 2 3 4 5

Flame 2020

Flame is Europe’s largest and most influential meeting place for the global gas industry.

read more >

4th PNG Petroleum & Energy Summit

The CWC Group, in partnership with Kumul Petroleum Holdings Ltd.

read more >

FSRU World Congress 2020

FSRU World Congress 2020 will therefore focus on further Commercialising FSRUs through LNG-to-Power…

read more >

CWC World LNG & Gas Series: 12th Asia Pacific Summit

The 2020 Summit will offer an unrivaled programme covering relevant and significant discussion topics…

read more >