Japan LNG news
Japanese trading houses on the prowl
Record earnings boost appetite.
Price rebounds as North Asian buyers replenish inventory
Asian spot LNG prices rebounded this week as persistently cold weather in North Asia forced buyers to enter the spot market to replenish inventory.
Ichthys LNG project costs blow out further
The Ichthys LNG project in Australia is likely to see further cost blowouts and possible delays in production.
Japanese LNG imports hit five year high
Japan's imports of LNG have hit a five year high as freezing conditions continue to fuel winter demand.
Japan's LNG purchases climbed for the first time in three years
The fuel filled the gap in power generation left by the country's slow restart of its nuclear power plants.
Production outages tighten Asian gas market
Asian spot LNG prices rose this week on falling production from Russia, Angola and Malaysia.
Spot LNG prices remain above average as cold weather continues
Asian spot LNG prices remain higher than recent annual levels as low temperatures boost buying.
Premium deals in China and Japan sends prices above US$10
Asian LNG spot prices rose above US$10 per mmBtu on 7 December.
JERA in talks with EDF to collaborate on LNG
An agreement on LNG with EDF Trading would follow JERA’s purchase of the French company’s coal and freight trading business.
Asia spot stays near 3-year high for third week
Spot prices LNG-AS for January delivery were steady at US$9.85 per mmBtu.