Japan Petroleum Exploration Co (Japex) said it had purchased two spot LNG cargoes at “significantly” higher prices to substitute cargoes from the Middle East due to the ongoing blockade of the Strait of Hormuz.
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Japan’s liquefied natural gas (LNG) imports decreased by 4.8 percent in July compared to the same month last year, according to provisional data released by the country’s Ministry of Finance.
Japan’s liquefied natural gas (LNG) imports increased by 6.2 percent in June compared to the same month last year, according to provisional data released by the country’s Ministry of Finance.