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International News
Volume 41 Issue 10
37
Table7
LNG Exporter Main Countries To Japan, Korea and China, And Their Netbacks At The End Of July 2015
2.3. Sources of LNG imports
Qatar was the big supplier of LNG to Japan, Korea and China with
2.666 million tons or 23.9% of total Japan, Korea and China LNG
imports in July 2015, followed by Australia with 22.3% and Malaysia
with 16%. Whereas Algeria exported about 62 thousand tons to Korea.
The Arab countries LNG exports to Japan, Korea and China totaled
3.754 million tons - a share 33.7% of total Japanese, Korean and
Chinese LNG imports during the same month.
2.3. LNG Exporter Netbacks
With respect to the Netbacks, Russia ranked first place with $6.84 /
million BTU at the end of July 2015, followed by Indonesia with
$6.74 /million BTU and Malaysia with $6.69 /million BTU. And
LNG Qatar’s netback reached $6.50/million BTU, and LNG Algeria’s
netback reached $6.15/million BTU.
Table (7) shows LNG exporter main countries to Japan, South Korea,
and China and their netbacks at the end of July 2015.
* Total Revenues minus all costs associated, such as importing ,transportation costs, and royalty fees
Source: World Gas Intelligence various issues.
Imports
(thousand tons)
Netbacks
($/million BTU)
Japan Korea China Total
Total Imports, of which:
6953
2271
1922
11146
Qatar
1052
1115
499
2666
6.50
Australia
1650
ــ
838
2488
6.68
Malaysia
1537
173
73
1783
6.69
Indonesia
498
303
290
1091
6.74
Russia
351
127
ــ
478
6.84
Nigeria
456
ــ
ــ
456
6.14
Algeria
ــ
62
ــ
62
6.15