Japan’s March LNG imports slip

Japan's March LNG imports slip
Image courtesy of Tepco

Japanese imports of liquefied natural gas (LNG) during the month of March dropped 8.1 percent compared to the same month a year ago, according to the provisional data released by Japan’s Ministry of Finance.

Japan, the world’s top LNG buyer, imported 7.29 million tonnes of LNG last month compared to 7.93 million tonnes in March 2018, the data shows.

The value of March LNG imports was about $3.98 billion, a rise of 7.5 percent on year.

The data shows that imports of US LNG jumped by 53.4 percent, reaching 198,000 tonnes, while imports from Asian sources such as Malaysia, Indonesia, Papua New Guinea and Brunei declined 20.7 percent compared to the corresponding month in 2018, reaching 1.73 million tonnes.

Imports of liquefied natural gas from the Middle East reached 1.32 million tonnes, 26.7 percent below the corresponding month in 2018. LNG imports from Russia reached 524,000 tonnes slipping 19.8 percent from March 2018.

The country’s coal imports for power generation dropped by 3 percent to 9.58 million tonnes, the data shows.

 

LNG World News Staff

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Posted on April 19, 2019 with tags .

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