Japanese imports of liquefied natural gas (LNG) during the month of February dropped 11.4 percent compared to the same month a year ago, according to the provisional data released by Japan’s Ministry of Finance.
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The price of spot liquefied natural gas contracted in Japan was pegged back during January 2019, according to the Japanese Ministry of Economy, Trade and Industry (METI).
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Liquefaction ramp-ups and a slowing rate of Chinese demand growth finally deliver the oft-anticipated supply glut.
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For illustration purposes only (Image courtesy of Tokyo Electric Power) Japanese imports of liquefied natural gas (LNG) imports declined just 0.9 percent in 2018 when compared to the year ago, according to the provisional data released by Japan’s Ministry of Finance.
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LNG imports into China, Japan, South Korea and Taiwan, have climbed to 20.5 million tonnes so far in December, 5 percent higher than the previous monthly record of 19.5 million tonnes back in January.
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The price of spot liquefied natural gas contracted in Japan has continued to climb during the month of November.
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Liquefied natural gas (LNG) use by Japan’s power companies rose by 7.7 percent in August when compared to the same month a year ago, the preliminary data from the Ministry of Economy, Trade and Industry shows.
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The price of spot liquefied natural gas contracted during the month of October rose according to the data by the Japanese Ministry of Economy, Trade and Industry (METI).
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China has recently overtaken Japan to become the world’s biggest importer of natural gas and will likely keep that crown as pipeline and liquefied natural gas (LNG) infrastructure grow, according to an analysis by S&P Global Platts.
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Japanese imports of liquefied natural gas (LNG) rose 7.8 percent in September when compared to the same month a year ago, according to the provisional data released by Japan’s Ministry of Finance on Thursday.
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