28 / 32
Petroleum Devolopments
Volume 41 Issue 12
28
Table7
LNG Exporter Main Countries To Japan, Korea and China, And Their Netbacks At The End Of September 2015
2.3. Sources of LNG imports
Qatar was the big supplier of LNG to Japan, Korea and China with 2.398
million tons or 22.6% of total Japan, Korea and China LNG imports in
September 2015, followed by Australia with 22.1% and Malaysia with
15.1%. Whereas Algeria exported about 63 thousand tons to Japan.
The Arab countries LNG exports to Japan, Korea and China totaled 3.417
million tons - a share 32.2% of total Japanese, Korean and Chinese LNG
imports during the same month.
2.4. LNG Exporter Netbacks
With respect to the Netbacks, Russia ranked first with $6.66 /million BTU
at the end of September 2015, followed by Indonesia with $6.56/million
BTU then Australia and Malaysia with $6.51 /million BTU. And LNG
Qatar’s netback reached $6.34/million BTU, and LNG Algeria’s netback
reached $6.01/million BTU.
Table (7)
shows LNG exporter main countries to Japan, South Korea,
and China and their netbacks at the end of September 2015.
* Total Revenues minus all costs associated, such as importing ,transportation costs, and royalty fees
Source: World Gas Intelligence various issues.
Imports
(thousand tons)
Netbacks
($/million BTU)
Japan Korea China Total
Total Imports, of which:
6854
2449
1295
10598
Qatar
1044
1048
306
2398
6.34
Australia
1585
246
514
2345
6.51
Malaysia
1108
419
78
1605
6.51
Indonesia
515
126
319
960
6.56
Russia
541
192
-
733
6.66
Nigeria
638
-
-
638
6.00
Algeria
63
-
-
63
6.01