LNG

Japanese LNG imports have rebounded by almost 10 percent even as the year-on-year cost of the shipments have soared by more than 150 percent as deliveries increased from Australia, the spot market and Russia.

Japan’s liquefied natural gas imports soared by more than 21 percent last month, backed by a doubling of US supplies and more cargoes from Asia and Russia as stocks were rebuilt after the high winter season usage.