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Japanese LNG imports fall 15pct YoY in November 2017

Gasoil News - Published on Tue, 02 Jan 2018

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Platts reported that Japan’s LNG imports dropped 15% from a year ago to 6.4 million mt in November with volumes from Australia, Malaysia and Qatar falling, according to data released by the Ministry of Finance.

Australia was the top supplier with 2.23 million mt, down 9.9% from a year earlier. The second-largest supplier was Malaysia with 1.16 million mt, down 9.8% from a year ago. Imports from Qatar fell 25% year on year to 776,263 mt.

Volumes from Australia, Malaysia and Qatar accounted for nearly 65% of Japan’s LNG imports in November.

Meanwhile, a couple of cargoes arrived from the US in November.

The Torben Spirit delivered a Sabine Pass cargo to the Sakai terminal on November 6 while The Ribera Del Duero Knutsen delivered a cargo from Sabine Pass to the Oita terminal on November 20, according to S&P Global Platts ship-tracking software cFlow.

Japan also received cargoes from Algeria and Nigeria.

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Posted By : Rabi Wangkhem on Tue, 02 Jan 2018
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