Spot LNG prices in Japan, South Korea, China and Taiwan averaged $6.01/MMBtu in September. This was the highest average in six months and up by 7.46% from August as a result of strong downstream stock-building for winter heating.
Average CIF price of spot LNG, $/MMBtu
Sources: Korea Customs Service, Japan Ministry of Finance, Sublime China Information
CIF price for imported LNG, month
|Total volume, mt
|Highest price, $/MMBtu
||9.24 from PNG
||9.46 from Oman
||8.68 from Qatar
|Lowest price, $/MMBtu
||5.45 from Nigeria
||5.76 from Russia
||6.83 from Australia
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