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, Petronas seal 20-year LNG SPA

US LNG exporter Venture Global LNG has signed a 20-year LNG supply contract with Malaysian energy giant Petronas for volumes from the CP2 project in Louisiana.

Golden Pass LNG seeks re-export approval

Golden Pass LNG, a joint venture owned by energy giants QatarEnergy and ExxonMobil, is seeking approval from the US DOE to export previously imported LNG from October, as it nears the launch of the first liquefaction train.

TPDC, Energetech Tantel to develop Tanzanian small-scale LNG plant

State-run Tanzania Petroleum Development Corporation has signed a memorandum of understanding with Energetech Tantel to develop what they say is Tanzania's first small-scale LNG plant.

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.