Global LNG spot prices in select destination markets 2024
global trade volume of LNG has increased notably, exceeding 500 billion cubic meters shipped.
Japan and China have some of the highest spot prices for liquefied natural gas. In January 2024, customers in Japan and China paid approximately 10.05 U.S. dollars per million British thermal unit of LNG delivered. Destination markets in Europe and South America experienced slightly lower shipping costs. In the last few years, the