Japan cuts LNG imports in November

摘要

Japan’s LNG imports fell by 4.7pc from a year earlier to 6.9mn t in November as a result of weaker demand from the country’s main power utilities. Japan’s main power utilities received 4.5mn t of LNG in November, down by 9.3pc compared with November 2013, as cooler weather reduced electricity demand for heating, according to Japan’s federation of electric power companies. Japan’s LNG import costs averaged $15.61/mn Btu, up by 8.1pc from November 2013 and higher by 2.1pc from October last year.