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Japan LNG news

 
 
 
 

Asian LNG prices now below US$5.00

Asian LNG spot prices have now broken the US$5.00 per million Btu mark, a result of a lack of growth in demand and continued high levels of supply.

 

Japan spot LNG contract price falls to lowest level in 18 months

According to Reuters, data released by Japan’s Ministry of Economy, Trade and Industry has shown that the average contract price for spot LNG cargoes delivered to Japan in February this year fell to its lowest level since September 2017.

 
 

Asian LNG spot price decline continues

Asian LNG spot prices have continued to decline, as inconsistent demand is yet to make a dent in the oversupplied state of the market.