Japanese contracted spot LNG cargoes now cost 59 percent more as oil and energy prices jump

Monday, 14 May 2018

Japanese spot cargoes contracted in April to arrive in Japan at a later date cost an average of $9.10 per MMBtu compared with $5.70 per MMBtu in April 2017, a rise of 59 percent and along with oil-linked, long-term contract deliveries will be adding to the nation’s energy import costs as oil prices rebound.


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