Japan’s spot LNG price down in January

Japan’s spot LNG price down in January

The price of spot liquefied natural gas contracted in Japan was pegged back during January 2019,

the Japanese Ministry of Economy, Trade and Industry (METI).

In its monthly report,

the ministry shows the contract-based price reached

$8.3 per mmBtu, 9.8 percent below the $9.2 per mmBtu price in December 2018,

24.6 percent below the $11 per mmBtu recorded in January 2019.

The arrival-based price also decreased month on month,

edging down only 1 percent from $10.6 per mmBtu in December 2018 to $10.5 per mmBtu in the month under review.

Compared to the corresponding month in 2018, however, the arrival-based price rose 4 percent from $10.1 per mmBtu.

LNG World News

https://mobile.lngworldnews.com/japans-spot-lng-price-down-in-january/

http://www.meti.go.jp/statistics/sho/slng/result/pdf/201901.pdf

the price of spot-LNG (Preliminary Figures for January 2019)

http://www.meti.go.jp/english/statistics/sho/slng/result/pdf/201901_e.pdf