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Japan spot LNG contract price in January rises to two-year high
February 9, 2017 / 3:21 AM / 7 months ago

Japan spot LNG contract price in January rises to two-year high

TOKYO, Feb 9 (Reuters) - Prices for liquefied natural gas (LNG) spot cargoes for Japan, the world’s top buyer, rose to a two-year high in January, official data showed on Thursday.

The average price of spot LNG bought last month was $8.40 per million British thermal units, up from $8 in the previous month and the highest since January 2015, according to monthly data from the Ministry of Economy, Trade and Industry (METI). (Reporting by Osamu Tsukimori; Editing by Christian Schmollinger)

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