Japan’s 2017 LNG imports rise 0.4 percent

Image courtesy of Tokyo Electric

Japan, the world’s largest buyer of liquefied natural gas (LNG), increased its imports of the fuel in 2017, for the first time in three years.

The country imported 83.63 million tonnes million mt of LNG in the January-December period, a rise of 0.4 percent as compared to the year before, according to the provisional data released by Japan’s  Ministry of Finance.

Japan paid about $35.6 billion for LNG imports last year, a rise of 19.3 percent year-on-year.

The country’s coal imports for power generation rose by 4.3 percent to 114.5 million tonnes, the data showed.

Imports of LNG and coal for power generation mainly rose due to nuclear shutdowns. Only four out of 42 operable nuclear reactors are currently running in Japan.

LNG imports were also boosted in December due to winter demand. These LNG imports increased 5.4 percent year-on-year to 7.95 million tonnes.

Japan remains by far to be the world’s top buyer of LNG importing more than 45 million tonnes than China that took over South Korea as the world’s second-biggest buyer of the fuel last year.

 

LNG World News Staff

Share this article

Follow LNG World News

Posted on January 24, 2018 with tags .

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 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

The 6th CWC China LNG & Gas International Exhibition & Summit

Following on from LNG 2019 and five successful editions in Beijing, the established China LNG & Gas International Exhibition & Summit…

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – Singapore / Jan 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

American LNG Forum 2020

The American LNG Forum is your gateway to learning about the US LNG export industry,

read more >

2nd Global LNG Forum

Global LNG Forum is an exclusive networking and knowledge-sharing platform for top experts and business leaders in the industry.

read more >