For illustration only (Image courtesy of Tokyo Gas)
Japan’s liquefied natural gas (LNG) imports increased by 3 percent in April, according to the provisional data released by Japan’s Ministry of Finance.
The world’s largest buyer of the chilled fuel imported 6.57 million mt of LNG in April, as compared to 6.38 million mt in the same month the year before.
This is the third straight month that Japan boosted its LNG imports on a yearly basis.
Japan paid about $2.76 billion for LNG imports last month, a rise of 33 percent when compared to the same month in 2016, the ministry’s data shows.
Japan’s average price of spot LNG arriving during April reached $5.9 per mmBtu, down from $7.5 per mmBtu in March, METI said earlier this month.
LNG World News Staff
Source: LNG World News