Japan's LNG Imports Down in November Year-on-Year

Source Press Release
Tags Oil & Gas Trading, Refining & Marketing Activities, LNG & Gas Storage/Processing
Date December 27, 2017

According to provisional data provided by Japan's Ministry of Finance, the country's LNG imports were down by 15 per cent in November 2017 compared to November 2016.

The latest data shows that Japan imported 6.4 million tonnes of LNG this month, paying ¥297.1 billion to do so (~US$2.64 billion). This amount was a 1.4 per cent drop on the amount paid last year.

Overall, Japan paid ¥1,355 billion for what it terms "mineral imports." (~US$12 billion).

LNG was the only commodity listed that it paid less for year over year, in terms of total outlay.

Petroleum product imports (15,400 KL imported) cost 28.4 per cent more than last year, while coal and LPG imports cost Japan 26.5 per cent and 45.4 per cent more, respectively, year-over-year.

The full statistics from Japan's Ministry of Finance are available here.

Source: EvaluateEnergy® ©2018 EvaluateEnergy Ltd