Japan’s LNG Imports Drop to 14-Year Low ...Middle East

Liquefied natural gas imports in Japan, one of the world’s top LNG buyers, slumped in 2023 to the lowest level in 14 years, after falling by 8% compared to 2022, official Japanese data showed on Wednesday. Last year, Japan imported 66.15 million metric tons of LNG, down by 8.1% year-on-year and the lowest import volumes since 2009, according to provisional data from the Japanese Ministry of Finance. The value of the imports in Japanese yens slumped by 22.6% last year, amid lower imports and a decline in spot LNG prices, especially at the…

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