LNG

Japanese spot LNG cargo prices were at an average of $8.30 per million British thermal units in January 2019 on a contracted basis, $0.90 per MMBtu lower than the previous month, though $2.70 per MMBtu down on January 2018 when the trading level was $11.00 per MMBtu.

Japanese liquefied natural gas imports in September increased by 7.8 percent as shipments from the Middle East, Russia, the US and the spot market all rose as the nation’s monthly LNG costs also jumped more than 42 percent year-on-year on higher prices and volumes.