Japan’s April spot LNG price down to USD 7.6 per mmBtu

Japan's April spot LNG price down to USD 7.6 per mmBtu

The average price of spot LNG imported into Japan that was contracted in April was at US$7.6/MMBtu, down from US$8/MMBtu in March, the country’s Ministry of Economy, Trade and Industry (METI) said on Thursday.

Spot liquefied natural gas cargoes booked earlier and arriving in April averaged US$7.9/MMBtu, up from US$7.6/MMBtu the month before, METI said.

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.

 

LNG World News Staff; Image: Tepco

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