Asia Pacific Price trends

January 2018

Average LNG import prices continued to rise at the end of 2017, and further gains are expected this year.

Japan paid an average of $7.9/MMBtu for its imported LNG in November, up by 7.3% on an annual basis. Although average prices for South Korea’s LNG imports fell in November from the previous month, they rose by 3.1% year on year, to reach $7.7/MMBtu. The average price of China’s LNG imports increased by 12.5% on an annual basis in November, to reach $7.8/MMBtu. Oil-indexed contracts dominate the...

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