• Global Gas Analytics
  • Analysis & Forecasts

Asia Pacific Price trends

September 2018

Average LNG prices in Northeast Asia have seen further gains, reaching highs not seen in years.

Northeast Asia average LNG import prices

Japan paid an average of $9.86/MMBtu for LNG imports in July 2018, up from $8.3/MMBtu in July 2017 and just $6.4/MMBtu in July 2016. The country’s average LNG import price has not been this high since April 2015. Rising crude prices have driven up oil-indexed LNG prices in Japan and elsewhere in Northeast Asia, and further gains are expected as oil...