Markets

Japan spot LNG contract price for July not disclosed

Published August 9, 2023 Updated August 9, 2023 09:56am
By

The average contract price for spot liquefied natural gas (LNG) cargoes for shipment to Japan last month was not disclosed by state-owned Japan Oil, Gas and Metals National Corporation (JOGMEC) on Wednesday.

JOGMEC surveys spot LNG cargoes bought by Japanese utilities and other importers, excluding cargo-by-cargo deals linked to benchmarks such as the US natural gas Henry Hub index.

It only publishes a price if there is a minimum of two eligible cargoes reported by buyers.

.

The following table lists the monthly average prices in mmBtu for contracted and arriving spot LNG cargoes. Prices are converted to delivery on an ex-ship basis.