Japan’s monthly LNG imports continue to rise

Japan continues to boost its liquefied natural gas (LNG) imports and they rose for the fourth consecutive month in August.

The country received 6.29 million tonnes of LNG last month, up 7.8 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 6.18 million tonnes, LNG imports rose by 1.7 percent.

Japan paid about $3.32 billion for LNG supplies in August, a rise of 89.3 percent year-on-year.

State-run Japan Oil, Gas and Metals National Corp (JOGMEC) said earlier this month it could not provide spot LNG price data for August due to a lack of spot transactions.

Looking at LNG shipments in August, deliveries from Asia from countries such as Malaysia and Indonesia increased by 18.5 percent to 1.46 million tonnes, the ministry’s data shows.

Middle East LNG shipments from countries like Qatar increased by 25.2 percent to 1.25 million tonnes.

Additionally, shipments from Russia dropped 75.7 percent to 144,000 tonnes while US deliveries surged 99.4 percent to 541,000 tonnes.

Japan is still the world’s largest LNG importer and the country took 74.4 million tonnes of LNG last year.

However, China is expected to overtake Japan this year. China imported 45.25 million tonnes while Japan received about 45.05 million tonnes in the January-July period.

China is yet to release official import data for August.

Most Popular

Shell’s LNG Canada achieves first LNG

LNG giant Shell has started production at the first liquefaction train at its LNG Canada export terminal in Kitimat, an LNG Canada spokesperson told LNG Prime on Sunday.

Excelerate buys GasLog LNG carrier

US FSRU player Excelerate Energy has purchased a 2007-built steam liquefied natural gas (LNG) carrier from GasLog Partners, a part of Greek LNG shipping firm GasLog, according to brokers.

NextDecade, Bechtel agree $9 billion EPC deals for two Rio Grande LNG trains

US LNG firm NextDecade and compatriot Bechtel have finalized EPC contracts worth $9.09 billion for the construction of the fourth and fifth trains and related infrastructure at the Rio Grande LNG facility in Texas.

More News Like This

Jera plans to build new LNG units at Sodegaura power plant

Japan’s Jera plans to build new LNG-fueled units at its Sodegaura power plant in the Chiba prefecture, as part of its plans to replace aging facilities.

Japan reports lower May LNG imports

Japan’s liquefied natural gas (LNG) imports dropped by 4.3 percent in May compared to the same month last year, according to provisional data released by the country’s Ministry of Finance.

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.