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.

- Advertisements -

Most Popular

Golden Pass LNG contractor Zachry files for bankruptcy

US construction company Zachry said on Tuesday it has filed for bankruptcy, initiating a structured exit from the Golden...

Hoegh LNG: commissioning of Brazilian FSRU completed

Commissioning of the FSRU Hoegh Giant which serves Cosan's LNG import terminal in Brazil's port of Santos has been...

Kinder Morgan secures more time for Gulf LNG export project

US energy company Kinder Morgan and its partners have secured more time from the US FERC to add liquefaction...

More News Like This

Japan’s LNG imports climb 16.7 percent in April

Japan’s liquefied natural gas (LNG) imports rose 16.7 percent year-on-year in April after three straight months of declines, according...

Japan’s Jera gets 4000th LNG cargo at Futtsu terminal

Japan’s power firm and LNG trader, Jera, has received the 4000th cargo of liquefied natural gas at its Futtsu...

Japan’s LNG imports continue to drop

Japan’s liquefied natural gas (LNG) imports dropped for the third month in a row in March, according to the...

Japan’s JOGMEC publishes spot LNG price for first time in 2024

State-run Japan Organization for Metals and Energy Security (JOGMEC) has published the first contract-based monthly spot LNG price since...