Japan receives LNG cargo from Russia May 9 on Cyprus-flagged ship in compliance with government policy
Japan, which was receiving an LNG cargo from Russia on May 9, said it would gradually phase out Russian oil imports as part of a Group of Seven sanctions response to the invasion of Ukraine, though would retain its stakes in certain joint ventures, including the Sakhalin LNG and oil projects in the Russian Far East.
Japanese LNG imports dropped in March by 9 percent though shipments from Russia jumped along with coal
Japanese liquefied natural gas imports dropped almost 9 percent in March as cargoes increased from Russia and the US while shipments from the Middle East and Asia declined at the same time as Japan’s thermal coal deliveries skyrocketed by over 25 percent.
Japanese LNG imports fall even at lower prices as US shipments overtake Russia for first time
Japanese liquefied natural gas imports declined last month at the expense of thermal coal imports even as LNG cost the nation 20 percent less than a year ago and US shipments to Japan overtook those from Russia for the first time.
Japanese LNG shipments rebound after drops as costs fall and Australian volumes increase
Japanese liquefied natural gas imports rebounded last month from an almost 20 percent drop the previous month to rise by 2.6 percent as Australian and spot volumes accounted for almost half of the nation’s supplies and cargo costs declined 11.70 percent year-on-year.
