Japan’s spot LNG price keeps rising

By LNG World News Image courtesy of TepcoJapan’s average price of spot liquefied natural gas (LNG) that was contracted in February edged up to US$8.5 per mmBtu, the Ministry of Economy, Trade and Industry (METI) said on Thursday.
The contract-based price rose the fifth month in a row, from $8.4 per mmBtu in January, which was the two-year high record for the month.
METI’s data also shows that the price of spot LNG arriving into Japan during the month of February reached $8.8 per mmBtu, up from $7.3 per mmBtu in January.
Only spot LNG cargoes are taken into account in this assessments, excluding short, medium and

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