Japan’s spot LNG contract price jumps in September

Japan's spot LNG contract price jumps in September
For illustration only (Image courtesy of Tokyo Electric)

The average price of spot-LNG imported into Japan that was contracted in September 2017 reached $6.9 per mmBtu, according to the data provided by Japan’s Ministry of Economy, Trade and Industry.

The contract-based price rose 19 percent from $5.8 per mmBtu in August when it was at its five-month high, the data shows.

The arrival-based price has also shown an increase from $5.6 per mmBtu in August to $5.8 per mmBtu during the month under review, 3.5 percent increase.

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


<< Jan 2018 >>
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 >