AsiaLNG Terminals

Japan’s METI to stop publishing spot LNG price data

By LNG Prime Staff
Japan's METI to stop publishing spot LNG price data
For illustration only (Image: BP)

Japan’s Ministry of Economy, Trade and Industry said on Friday it would stop publishing its monthly data on spot LNG prices.

METI has been providing contract-based and arrival-based spot LNG price data since March 2014.

“We discontinued making spot LNG price statistics in March 2021,” METI said in a statement on its website. METI added it would not update the content after June.

The ministry did not provide any additional information.

JOGMEC to provide spot data

On the other side, Japan Oil, Gas and Metals National Corporation (JOGMEC) said in a separate statement on Friday the firm started publishing monthly spot LNG prices for delivery to Japan.

“From April 2021, JOGMEC conducts a survey on spot LNG prices for delivery to Japan with the cooperation of companies that are end-consumers of spot LNG and publishes monthly average spot LNG prices on the website,” the firm said.

The average contract-based price for spot LNG cargoes shipped to Japan in April reached $8.30/mmBtu, JOGMEC said, but it did not provide data for arrival-based price due to lack of transactions.

Like METI, JOGMEC will exclude cargo deals linked to a particular price index such as the US Henry Hub, the firm said.

In addition, JOGMEC said it would release the next publication on June 9.

Most Popular

Contracts and Tenders

BP submits lowest bid in Pakistan LNG tender

A unit of UK-based energy giant BP has submitted the lowest bid in a tender to supply Pakistan with one spot LNG shipment this week.
LNG Terminals

Cedar FLNG launched in South Korea

South Korea’s Samsung Heavy Industries has launched Cedar LNG's floating LNG production unit, which will be installed in Kitimat on Canada’s West Coast.
Contracts and Tenders

Malaysia’s Petronas Gas, Integrax ink pact for new LNG import terminal

Malaysia's Petronas Gas, a unit of Petronas, has signed a binding deal with compatriot Integrax, a part of TNB Power Generation, to jointly develop the country's first FSRU-based LNG import terminal in Lumut, Perak.

More News Like This

LNG Terminals

Japan’s LNG imports slightly down in February

Japan’s liquefied natural gas (LNG) imports dropped by 0.9 percent in February compared to the same month last year, according to provisional data released by the country’s Ministry of Finance.
LNG Terminals

Japan’s LNG imports down 1.4 percent in 2025

Japan, the world's second-largest importer of liquefied natural gas (LNG), reported a 1.4 percent decrease in its LNG imports in 2025, according to provisional data released by the country’s Ministry of Finance.
LNG Terminals

Japan’s LNG imports decline in November

Japan’s liquefied natural gas (LNG) imports dropped by 6.3 percent in November compared to the same month last year, according to provisional data released by the country’s Ministry of Finance.
LNG Terminals

Japan boosts LNG imports in October

Japan’s liquefied natural gas (LNG) imports rose by 10.5 percent in October compared to the same month last year, according to provisional data released by the country’s Ministry of Finance.