Japan LNG news
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.
Japanese LNG traders to be more aggressive in price reviews
The latest decline in spot market prices is prompting LNG traders in Japan to be more aggressive in price reviews built into traditional long-term contracts linked to oil prices.
LNG spot prices in Asia hit new multi-year low
LNG cargoes are now trading in Asia at a three to four year low of less than US$4 per million Btu.
Wood Mackenzie: China could overtake Japan as top LNG importer by 2022
Wood Mackenzie has released a new report which claims Japan could be dethroned by China as the world’s top LNG importer as early as 2022.
Novatek closes Arctic LNG 2 transaction
Pao Novatek has announced the closing of the sale of participation interests in the Arctic LNG 2 project.
AG&P receives investment from two Japanese parties
AGP International Holdings Pte Ltd has announced that it has received a major equity investment from two Japanese institutions to support its development.