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>

<< Nov 2018 >>
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 1 2

The International Gas Cooperation Summit (IGCS)

The Summit will put the objectives of South Africa and the region at the forefront of international gas development…

read more >

LNG Supply, Transport & Storage South Asia Forum 2018

LNG Supply, Transport & Storage South Asia Forum 2018 will address and propagate LNG imports…

read more >

The Nineteenth CWC World LNG Summit & Awards Evening

The CWC World LNG Summit & Awards Evening is recognised as the premier end of year gathering for the global LNG industry.

read more >

LNG India Summit 2018

After three successful editions, LNG Summit is back with yet another edition for chief LNG…

read more >