Japan’s LNG imports rise in June

Japan’s liquefied natural gas (LNG) imports rose for the second consecutive month in June after logging a decline in March-April.

The world’s largest importer of LNG received 5.70 million tonnes of the fuel last month, up 8.5 percent when compared to the same month last year, according to the provisional data released by the country’s Ministry of Finance.

Compared to the previous month when Japan took 4.95 million tonnes, LNG imports rose by 15 percent.

LNG supplies in June cost Japan about $2.67 billion, a rise of 4.3 percent year-on-year.

The average contract-based price for spot LNG cargoes shipped to Japan in June reached $9.70/mmBtu, state-run Japan Oil, Gas and Metals National Corp (JOGMEC) said.

Looking at last month’s LNG shipments, deliveries from Asia from countries such as Malaysia and Indonesia dropped by 13.4 percent to 1.28 million tonnes, the ministry’s data shows.

Middle East LNG shipments from sources like Qatar rose by 6.9 percent to 1.14 million tonnes.

Additionally, shipments from Russia increased 83.7 percent to 488,000 tonnes while US deliveries surged 162.2 percent to 542,000 tonnes.

Most Popular

US FERC issues final SEIS for Commonwealth LNG’s project

The US Federal Energy Regulatory Commission (FERC) has released a final supplemental environmental impact statement for Commonwealth LNG's proposed LNG export plant in Louisiana. The regulator concluded that National Ambient Air Quality Standards (NAAQS) exceedances for 1-hour NO2 may be significant.

Pilot, Seapath secure final permits for Galveston LNG bunkering facility

Pilot LNG and Libra Group’s maritime unit Seapath have received final construction permits for their planned LNG bunkering facility in Galveston, Texas. The partners plan to take a final investment decision on the project in mid-2025.

TotalEnergies seals Ksi Lisims LNG deal

French energy giant TotalEnergies has signed a 20-year deal with Ksi Lisims LNG to buy LNG from the latter's planned export project in Canada. In addition, TotalEnergies will acquire a 5 percent stake in Houston-based Western LNG, the developer, shareholder, and future operator of the Ksi Lisims LNG project.

More News Like This

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.

Japan’s March LNG imports down

Japan’s liquefied natural gas (LNG) imports dropped by 7.2 percent in March compared to the same month last year, according to provisional data released by the country’s Ministry of Finance.