Japan’s spot LNG price in September slides

Japan's spot LNG price in September slides

Japan’s price of spot liquefied natural gas contracted in September averaged US$7.4 per mmBtu on DES basis.

This is a drop from the US$8.1 per mmBtu for spot LNG contracted in August, the information from Japan’s Ministry of Economy, Trade and Industry (METI) reveals.

The average price of spot LNG imported into Japan that arrived in September was at US$7.7 per mmBtu, the data shows, which remained on the same level as the previous month.

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; Image: Tokyo Gas

Share this article

Follow LNG World News

Events>

<< Feb 2020 >>
MTWTFSS
27 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 1

FSRU World Congress 2020

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

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – Houston / Feb 2020

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

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Mar 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills…

read more >

3rd CWC Japan LNG & Gas Summit

As the only commercially focused forum for the Japanese LNG industry

read more >