Japan’s April spot LNG price down to USD 7.6 per mmBtu

The average price of spot LNG imported into Japan that was contracted in April was at US$7.6/MMBtu, down from US$8/MMBtu in March, the country’s Ministry of Economy, Trade and Industry (METI) said on Thursday.

Spot liquefied natural gas cargoes booked earlier and arriving in April averaged US$7.9/MMBtu, up from US$7.6/MMBtu the month before, METI said.

Only spot LNG cargoes are taken into account in this assessment, excluding short, medium and long-term contract cargoes, as well as those linked to a particular price index.

LNG World News Staff; Image: Tepco