Japan’s November LNG imports drop

Japan’s monthly LNG imports declined again in November for the second straight month following a slight rise in September.

The world’s largest importer of LNG received 6.01 million tonnes of the fuel last month, according to the provisional data released by the country’s Ministry of Finance.

This marks a decline of 4 percent from a year earlier and represents the ninth monthly decline in volumes this year.

On the other side, coal imports for power generation also dropped 5.7 percent to 8.25 million tonnes.

Furthermore, prices continued to decline and November LNG imports cost Japan about $2.02 billion. This marked a decline of 37.1 percent when compared to the same month last year.

Looking at last month’s LNG shipments, deliveries from Asia from countries such as Malaysia and Indonesia declined by 4.3 percent to 1.24 million tonnes, the ministry’s data shows.

Middle East LNG shipments from sources like Qatar dipped by 31.3 percent to 814,000 tonnes.

Additionally, shipments from Russia dropped 0.5 percent to 529,000 tonnes while US deliveries declined 2.1 percent to 457,000 tonnes.

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.

Golar progresses FLNG growth plans

Golar LNG said it had signed a final engineering study to confirm EPC price and delivery for a 5 mtpa MKIII FLNG.

Atlantic LNG shipping rates jump to $49,750 per day

Atlantic spot LNG shipping rates rose to $49,750 per day this week, while European prices also jumped compared to the previous week.

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.