Japan LNG news
Japan imports first Chinese LNG cargo since 1988
According to Reuters, in July, Japan imported its first LNG cargo from China since 1988, as utilities seek new suppliers and try to reduce costs amid tough domestic competition.
Hokuriku Electric seeking November LNG cargo
Japan’s Hokuriku Electric is seeking an LNG cargo for November delivery.
Asia to lead the LNG regasification industry in capacity growth
Asia will reportedly lead the global LNG regasification industry in capacity growth from newbuild projects by 2023, says GlobalData.
Weak LNG spot prices have little impact on Asia, while boosting Europe
According to Reuters, low LNG spot prices are having little impact in Asian markets, while the European import market has seen a significant boost.
Japanese utility seeks LNG cargo for delivery this September
According to Reuters, Tohoku Electric Power – a Japanese electric utility – is seeking an LNG cargo for delivery in September.
China closing the gap on Japan as Australia’s biggest LNG customer
EnergyQuest has released its monthly LNG report for July 2019.
Increased market activity prompts Asian LNG spot price rise
Asian LNG spot prices have recently experienced a small rise, due to increased market activity.
Japanese buyers seeking delays and volume cuts
According to Reuters, some Japanese buyers are seeking delays to shipments or cuts to volume under their long-term LNG contracts with the Ichthys project in Australia.
Japanese LNG spot prices fall
Japanese LNG spot prices fell to a new three year low in July.
Ichthys LNG operating at 80% capacity
According to Reuters, Inpex Corp. has announced that the Ichthys LNG project in Australia is currently operating at approximately 80% of full capacity.