Japan’s Aug LNG imports rise 9.4 pct YoY

japans-aug-lng-import-rise-9-4-pct-yoy
Image courtesy of Tepco

Imports of liquefied natural gas (LNG) by world’s largest consumer of the chilled fuel, Japan increased 9.4 percent in August as compared to the same month a year ago.

Japan imported 7.72 million mt of LNG in August, according to the provisional data released by Japan’s Ministry of Finance.

The data also showed that the country’s coal imports for power generation dropped 16.6 percent to 8.2 million mt.

Japan paid about US$2.67 billion for LNG imports in August, down 34.6 percent on year, according to the ministry’s data.

To remind, the price of spot LNG cargoes arriving in Japan in August dropped 10 percent from July to $5.4 per mmBtu on DES basis.

The August price decreased 30 percent when compared to $7.7 per mmBtu in August of 2015.

 

LNG World News Staff

Share this article

Follow LNG World News

Events>

<< Jun 2019 >>
MTWTFSS
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

LNGgc London

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

read more >

LNG Pricing, Trading & Hedging Singapore

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

LNG Pricing, Trading & Hedging Houston

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >