Spot LNG arrival price tumbles to multi-year low in Japan
4/11/2016
TOKYO, April 11 (Reuters) -- The average price for LNG spot cargoes arriving in Japan in March fell by 10 cents from February to $6.80/MMBtu, the lowest since the trade ministry started publishing figures two years ago, official data showed.
Spot Asian LNG prices fell to the low-$4/MMBtu late last month, as demand in Asia remained slow overall.
Japan is the world's biggest LNG buyer.
(Reporting by Osamu Tsukimori and Aaron Sheldrick)
Sign up to Receive Our Newsletter
- RWE strengthens partnerships with ADNOC and Masdar to enhance energy security in Germany and Europe
- TotalEnergies and Mozambique announce the full restart of the $20-B Mozambique LNG project
- Five energy market trends to track in 2026, the year of the glut
- Venture Global wins LNG arbitration case brought by Spain's Repsol
- Trinity Gas Storage reaches FID on Phase II expansion

Comments