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    Japan Imported Record LNG in 2014

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Summary

Japan imported record LNG in 2014 as demand for the fuel continued to see strong rise due to shut down of its nuclear stations since the Fukushima disaster in 2011.

by: shardul

Posted in:

Asia/Oceania

Japan Imported Record LNG in 2014

Japan imported record LNG in 2014 as demand for the fuel continued to see strong rise due to shut down of its nuclear stations since the Fukushima disaster in 2011.

Last year, the country imported 88.51 million tons of LNG, up 1.2 percent on year, data from Ministry of Finance showed Monday. Japanese LNG imports have hit record for the fifth year in a row. In 2013, import of LNG was 87.49 million tons.

Japan, the biggest LNG importer in the world, paid a record 7.85 trillion yen ($66.67 billion) last year for LNG, up 11.2 per cent from a year earlier.

In the month of December, the imports were 8.2 million tons, up 2.1 percent on year.