Japan’s spot LNG price keeps rising

Japan's spot LNG price keeps rising
Image courtesy of Tokyo Gas

The average price of spot LNG for delivery into Japan that was contracted in November was at US$7 per mmBtu.

This was an increase of 14.75 percent in comparison to the month of October when the spot LNG was contracted at $6.1 per mmBtu. In addition, the November contract-based price was the highest since January 2016 when the price stood at $7.1 per mmBtu.

The report from the Japanese Ministry of Economy, Trade and Industry (METI) shows that the price of spot LNG arriving into Japan during the month of November was at $5.9 per mmBtu, rising 3.5 percent from the $5.7 per mmBtu recorded in October.

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


<< Oct 2019 >>
30 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

Budapest LNG Summit 2019

The Budapest LNG Summit is a niche event focused on the up and coming LNG region of Central & Eastern Europe (CEE).

read more >

5th CWC China LNG & Gas International Summit & Exhibition

5th CWC China LNG & Gas International Summit & Exhibition will return 16 – 17 October 2019, bringing together the key players…

read more >

LNG Bunkering Mediterrean

The only 3-day course offering theoretical and practical training on LNG bunkering designed by the Mediterranean market leaders.   

read more >

6th Mozambique Gas Summit & Exhibit

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

read more >