Japan’s August spot LNG contract price reaches 5-month high

Image courtesy of Tokyo Electric (Tepco)

Prices of spot LNG cargoes imported into Japan and contracted in August reached a five-month high, according to the data provided by Japan’s Ministry of Economy, Trade and Industry.

The July contract-based price was at $5.8 per million British thermal units (mmBtu) as compared to $5.6 per mmBtu the month before.

On the other side, the arrival-based spot LNG price was at $5.6 per mmBtu, the same as the previous month that was the lowest since August 2016, METI’s data shows.

Only spot LNG cargoes are taken into account in this assessments, excluding short, medium and long-term contract cargoes, as well as those linked to a particular price index.

 

LNG World News Staf

 

Share this article

Follow LNG World News

Events>

<< Jan 2018 >>
MTWTFSS
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

Singapore Maritime Technology Conference and Exhibition (SMTC) 2018

The 3rd Singapore Maritime Technology Conference and Exhibition (SMTC) 2018…

read more >

CWC Japan LNG & Gas Summit

The inaugural CWC Japan LNG & Gas Summit, with participation and support from METI, JERA, Tokyo Gas and IEEJ, is the dedicated platform for international suppliers…

read more >

Asia Pacific Maritime and Offshore Exhibition 2018

7 years in the making, APM is the premier shipbuilding & marine, workboat and offshore exhibition in Asia…

read more >

CWC 2nd Papua New Guinea Petroleum & Energy Summit

The 2nd CWC Papua New Guinea Petroleum and Energy Summit is held under the patronage of the Prime Minister of Papua New Guinea…

read more >