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 Monday.
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.
However, the average price of spot LNG cargoes that were contracted and arrived in Japan in December was $16.90 per million British thermal units.
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 Christian Schmollinger)