Japanese LNG imports drop 9% in Dec
Japanese LNG imports in December came in at 7.03mn metric tons, down 8.9% year/year, according to the data published by the country’s finance ministry on January 20. The imports were up 20% month/month, however.
Japan’s shipments last month cost 597bn yen ($5.22bn), up 100.5% yr/yr. For the full year, Japanese imports were 74.31mn mt, down about 0.2% yr/yr, the data showed.
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China has overtaken Japan as the world's largest LNG importer. Last year, Chinese LNG imports were 78.93mn mt, up 18.3% yr/yr.