Japan’s monthly LNG imports drop again

Japan’s monthly LNG imports declined last month following a slight increase in June as the Covid-19 coronavirus pandemic continues to affect demand.

The world’s largest importer of LNG received 6.03 million tonnes of the fuel last month, down 11.5 percent from a year earlier and representing the sixth monthly decline in volumes this year.

In the January-July period, LNG imports dropped 6.5 percent to 42.40 million tonnes with the costs reaching about $20.1 billion.

This compares to 45.40 million tonnes and around $24.9 billion recorded last year, respectively.

July LNG imports cost Japan about $2.3 billion, a decline of nearly 33 percent year-on-year, according to the provisional data released by Japan’s Ministry of Finance.

Last month’s LNG deliveries from Asia from countries such as Malaysia and Indonesia dropped by 22 percent to 1.15 million tonnes, the data shows.

Middle East LNG shipments from sources like Qatar declined by 20.1 percent to 970.000 tonnes.

Shipments from Russia slid almost 27 percent to 391,000 tonnes while US deliveries surged 121 percent to 467,000 tonnes.

On the other side, Japan’s monthly coal imports for power generation also declined.

Japan imported 8.88 million tonnes of coal in July, down 13.4 percent year-on-year, the ministry’s data shows.

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.

Delfin inks new deals for US FLNG project, eyes FID later this year

Delfin Midstream, the US developer of a floating LNG export project offshore Louisiana, is moving forward with the project by signing new deals with Siemens Energy, Samsung Heavy, and Black & Veatch.

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.