Japan boosts October LNG imports

Japan, the world’s largest LNG consumer, raised its imports in October by 3.7 percent year-on-year.

The East Asian island country imported 6.28 million mt of LNG in October, as compared to 6.06 million mt last year, according to the provisional data released by Japan’s Ministry of Finance.

The data also showed that the Japan’s coal imports for power generation increased 7.4 percent to 10 million mt.

Japan paid about US$2.18 billion for LNG imports in September, down 32.1 percent on year.

To remind, the price of spot LNG cargoes arriving in Japan in October was at $5.7/mmBtu on DES basis.

LNG World News Staff