Japan’s LNG imports rise for third month in a row

Japan’s liquefied natural gas imports continued to rise in February and they increased for the third month in a row on high winter demand.

The world’s largest importer of LNG received 8.06 million tonnes of chilled fuel last month, a rise of 21.5 percent year-on-year, according to the provisional data released by the country’s Ministry of Finance.

To remind, December imports increased 13.4 percent to hit last year’s highest monthly volume of 7.72 million tonnes due to a cold snap while January imports rose 7.3 percent, reaching almost the same quantity as this month.

Furthermore, prices increased in February and LNG imports cost Japan about $3.74 billion. This marked a rise of 15.9 percent.

Looking at last month’s LNG shipments, deliveries from Asia from countries such as Malaysia and Indonesia declined by 17.6 percent to 1.95 million tonnes, the ministry’s data shows.

Middle East LNG shipments from sources like Qatar dropped by 8.7 percent to 1.20 million tonnes.

Additionally, shipments from Russia increased 20.2 percent to 718,000 tonnes while US deliveries doubled to 948,000 tonnes.

Most Popular

Venture Global withdraws Delta LNG application

US LNG exporter Venture Global LNG is withdrawing its FERC application for the proposed 24.4 mtpa Delta LNG export facility in Louisiana. Instead, Venture Global will focus on expanding its Plaquemines LNG export facility in Louisiana.

Cheniere aims to start construction on Sabine Pass LNG expansion in late 2026

US LNG exporting giant Cheniere aims to start construction on the proposed expansion project at its Sabine Pass LNG export facility in Louisiana in late 2026.

Delfin seeks new DOE extension, eyes FID on first FLNG in August

Delfin Midstream, the US developer of a floating LNG export project offshore Louisiana, is seeking an additional extension from the US Department of Energy. The company is looking to make a final investment decision on the first FLNG in August.

More News Like This

Japan’s April LNG imports climb

Japan’s liquefied natural gas (LNG) imports rose by 1.7 percent in April compared to the same month last year, according to provisional data released by the country’s Ministry of Finance.

GECF says April LNG imports rise

Global liquefied natural gas (LNG) imports rose by 3.5 percent year-on-year in April, boosted by higher imports in Europe, the Gas Exporting Countries Forum said in its latest report.

Japan’s Hokuriku Electric kicks off preliminary work on Toyama LNG unit

Japan's utility Hokuriku Electric has started preliminary surveys and facility design for a second LNG-fired unit at the Toyama Shinko thermal power station.

GECF says March LNG imports jump

Global liquefied natural gas (LNG) imports jumped by 8.4 percent year-on-year in March, boosted by higher imports in Europe, the Gas Exporting Countries Forum said in its latest report.