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

Events>

<< Apr 2020 >>
MTWTFSS
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 2 3

Flame 2020

Flame is Europe’s largest and most influential meeting place for the global gas industry.

read more >

4th PNG Petroleum & Energy Summit

The CWC Group, in partnership with Kumul Petroleum Holdings Ltd.

read more >

FSRU World Congress 2020

FSRU World Congress 2020 will therefore focus on further Commercialising FSRUs through LNG-to-Power…

read more >

CWC World LNG & Gas Series: 12th Asia Pacific Summit

The 2020 Summit will offer an unrivaled programme covering relevant and significant discussion topics…

read more >