Japanese LNG imports soar by over 21 percent as stock rebuild continues after high winter usage
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.
Japan reports price rises in both contracted and delivered spot LNG cargoes amid steady demand
Japanese spot LNG prices for contracted and delivered cargoes increased in November from the previous month, while no year-on-year comparison was possible for fixed contracted volumes as in November 2019 no price was issued as the minimum number of shipments was not attained.
Japanese LNG imports drop for a second month as cargo volumes are low from Australia and US
Japanese liquefied natural gas imports dropped for a second month with year-on-year declines in Australian and US shipments while cargo volumes from Asia, the Middle East and Russia all rose.
Japanese report says nation has only two weeks of LNG in stock as more nuclear power offline
Japan has only two weeks of LNG reserves in storage as the nation entered a state of emergency a week ago because of the coronavirus and this has coincided with cutbacks in its current limited nuclear power generation capacity.
