In November 2023, the average price of LNG imported to Japan amounted to 12.57 U.S. dollars per million British thermal units. Prices climbed to over 20 U.S. dollars per million British thermal unit in 2022 as a result of supply constraints. As many countries exited the more stringent travel constraints put in place during the height of the coronavirus pandemic, global natural gas demand rallied leading to a surge in energy prices in the last months of 2021. This supply bottleneck worsened even further due to the Russia-Ukraine war.
Average price for liquefied natural gas (LNG) in Japan from January 2020 to November 2023 (in nominal U.S. dollars per million British thermal unit)
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Topics
Global energy pricesWorld Bank. (December 18, 2023). Average price for liquefied natural gas (LNG) in Japan from January 2020 to November 2023 (in nominal U.S. dollars per million British thermal unit) [Graph]. In Statista. Retrieved June 01, 2024, from https://www.statista.com/statistics/673358/monthly-prices-for-japanese-liquefied-natural-gas/
World Bank. "Average price for liquefied natural gas (LNG) in Japan from January 2020 to November 2023 (in nominal U.S. dollars per million British thermal unit)." Chart. December 18, 2023. Statista. Accessed June 01, 2024. https://www.statista.com/statistics/673358/monthly-prices-for-japanese-liquefied-natural-gas/
World Bank. (2023). Average price for liquefied natural gas (LNG) in Japan from January 2020 to November 2023 (in nominal U.S. dollars per million British thermal unit). Statista. Statista Inc.. Accessed: June 01, 2024. https://www.statista.com/statistics/673358/monthly-prices-for-japanese-liquefied-natural-gas/
World Bank. "Average Price for Liquefied Natural Gas (Lng) in Japan from January 2020 to November 2023 (in Nominal U.S. Dollars per Million British Thermal Unit)." Statista, Statista Inc., 18 Dec 2023, https://www.statista.com/statistics/673358/monthly-prices-for-japanese-liquefied-natural-gas/
World Bank, Average price for liquefied natural gas (LNG) in Japan from January 2020 to November 2023 (in nominal U.S. dollars per million British thermal unit) Statista, https://www.statista.com/statistics/673358/monthly-prices-for-japanese-liquefied-natural-gas/ (last visited June 01, 2024)
Average price for liquefied natural gas (LNG) in Japan from January 2020 to November 2023 (in nominal U.S. dollars per million British thermal unit) [Graph], World Bank, December 18, 2023. [Online]. Available: https://www.statista.com/statistics/673358/monthly-prices-for-japanese-liquefied-natural-gas/