Japan: LNG imports down 11.4 pct in May

Japan’s imports of liquefied natural gas dropped 11.4 percent in May, as compared to the same month a year ago, preliminary data from the Ministry of Finance reveals.

The world’s largest buyer of the chilled gas imported 5.75 million tonnes of LNG in May.

Japan paid 315,439 million yen for LNG imports in May, down 44.1 percent on year, according to the data.

LNG use by Japan’s ten independent regional electric power companies was lower 7 percent to 3.99 million mt in May.

Total electricity generated and purchased across the ten companies in May declined by 3 percent from a year earlier to 64.98 billion kWh, data from the Federation of Electric Power Companies of Japan showed.

Nuclear power plants in Japan remained shut down in May resulting in no electricity production at all.

1 Japanese yen = 0.008103 U.S. dollars

LNG World News Staff; Image: Tokyo Gas