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Japan's demand for liquefied natural gas (LNG) may grow by more than 10% to some 74 million metric tons by 2040 under a government scenario where the renewable energy rollout goes slower than ...
Asian spot liquefied natural gas (LNG) prices were unchanged on the week, with Japan and South Korea well supplied and a new floating terminal in Europe beginning operations. The average LNG price ...
For late December, spot prices were heard at $10.40 per mmBtu, although they were under the $10 mark for early December delivery weeks. Global LNG: Asian spot prices retreat again as shipping clogs up
Asian spot liquefied natural gas (LNG) prices eased this week as concerns about a tight market eased after the resumption of Russian gas flows via Nord Stream 1 after its 10-day maintenance. The ...
Comparison of natural gas prices in Japan (LNG import), Germany (Russian gas at border), and United States. The JCC price index was established in the early 1950s to reflect the market fundamentals of the time. However, as these have shifted over time, the JCC has failed to keep up to date with these changes. [12]
TOKYO/SINGAPORE, Aug 7 (Reuters) - An inexorable decline in spot market prices for liquefied natural gas (LNG) is pushing utilities in Japan to be more aggressive in price reviews built into ...
The average LNG price for April delivery into north-east Asia was estimated at $38.00 per metric million British thermal units (mmBtu), down $2.50, or 6.2% from the previous week, industry sources ...
As of 2022, the country imports 97% of its oil and is the largest liquefied natural gas (LNG) importer globally. [ 3 ] Japan is increasing its reliance on renewable energy to replace imported fossil fuels, and in 2019 renewable energy accounted for 7.8% of primary energy supply.