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Japan LNG news

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.