Japan’s September spot LNG price jumps YoY

Japan's September spot LNG price jumps YoY
Illustration only. Image source: Pixabay under CCO Creative Commons license.

The price of spot liquefied natural gas contracted during the month of September in Japan jumped 53.6 percent year on year. 

Data from the Japanese Ministry of Economy, Trade and Industry shows the contract-based price reached $10.6 per mmBtu, compared to the $6.9 per mmBtu in September 2017.

Compared to the previous month, however, the price was pegged back from $10.7 per mmBtu.

The arrival-based price rose in September to $10.1 per mmBtu from $9.8 per mmBtu during August. Compared to last year, this is a 74.1 percent jump.

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 Staff

Share this article

Follow LNG World News

Events>

<< Nov 2019 >>
MTWTFSS
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 1

CWC World LNG Summit & Awards Evening

The CWC World LNG Summit & Awards Evening will be returning to Rome in 2019 to celebrate it’s 20th year.

read more >

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Nov 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

FLNG World Congress 2019

2019 FLNG World Congress will bring together stakeholders across the floating liquefaction value…

read more >