Japan’s LNG imports continue to decline

Japanese imports of liquefied natural gas continued to decline this year and they dropped for the third consecutive month in March.

Japan, the world’s largest importer of LNG, received 7.2 million tonnes of the fuel last month, down 1.2 percent from a year earlier.

March LNG imports cost Japan about $3.56 billion, a decline of 13.5 percent year-on-year, according to the provisional data released by Japan’s Ministry of Finance.

LNG deliveries from Asia from countries such as Malaysia and Indonesia increased by 0.1 percent to 1.74 million tones, the data shows.

Middle East LNG shipments from sources like Qatar declined by 29.4 percent to 937,000 tonnes.

Shipments from Russia dropped 0.2 percent to 522,000 tonnes while US deliveries almost doubled to 394,000 tonnes.

On the other side, as LNG imports show a downward trend, Japan boosted coal imports for power generation.

Japan imported 9.88 million tonnes of coal in March, a rise of 3.4 percent year-on-year, the ministry’s data shows.

Most Popular

BP, partners take FID on $7 billion Tangguh UCC project

BP said in a statement on Thursday the Tangguh Ubadari, CCUS, compression project (UCC) has the potential to unlock...

Pennybacker wraps up acquisition of NFE’s LNG facility in Miami

Pennybacker announced the closing of the deal in a statement on Thursday. NFE said on July 1 that it had...

Venture Global’s Plaquemines LNG to introduce hazardous fluids to first block

The regulator said on Thursday it had granted Venture Global Plaquemines LNG to commission and introduce hazardous fluids to...

More News Like This

Japan’s October LNG imports down

The country’s LNG imports decreased 2.2 percent year-on-year to 5.29 million tonnes last month. LNG imports also dropped compared to...

GECF: global LNG imports up 8.6 percent in October

In October, global LNG imports increased by 2.73 Mt y-o-y to 34.40 Mt, Doha-based GECF said in its monthly...

Japan’s Jera launches second LNG unit at Goi power plant

The power firm and LNG trader said on Thursday that the power station’s unit 2 had begun commercial operation. Jera...

Tohoku Electric wraps up new hydrogen co-firing trial at Niigata LNG power plant

In October 2023, Tohoku Electric's Niigata thermal power station No. 5 series, a 109 MW natural gas plant, completed...