Japan: spot LNG contracted in Nov at USD 14.4 per mmBtu

The average price of spot-LNG imported into Japan in November was 14.4USD per MMBtu on DES basis, reports Japanese Ministry of Economy, Trade and Industry (METI).

“The average price of Spot-LNG imported into Japan that arrived in November 2014 is 14.3 USD/MMBtu,” METI’s report reveals.

Report only includes spot-LNG imports traded on a cargo to cargo basis, excluding the long, medium or short-term contracts. The report also excludes cargoes linked to a particular price index.

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LNG World News Staff; Image: Tokyo Gas