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Japan spot LNG contract price for November not disclosed

Tuesday, 12 December 2023 | 17:00

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).

JOGMEC surveys spot LNG cargoes bought by Japanese utilities and other importers, excluding cargo-by-cargo deals linked to benchmarks such as the U.S. 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.
Source: Reuters (Reporting by Brijesh Patel in Bengaluru; Editing by Jamie Freed)

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