Liquefied Natural Gas, LNG, shipments from Nigeria to Japan crashed to 73,159 metric tonnes in May, the lowest since April 2011, data sourced from the Trade Statistics of Japan’s ministry of finance showed.
The lowest LNG shipment from Nigeria to Japan was 63,033 MT in February 2011. Exports ever since have been well over 200,000 MT until May this year when it fell.
Africa’s biggest economy is a regional gas/LNG powerhouse and export of LNG has been through the Nigeria Liquefied Natural Gas Ltd, NLNG.
NLNG cargoes have been delivered to the Far East, Middle East, South America and the UK with most volumes delivered to receiving facilities in Japan, South Korea, Taiwan, China and India as on-the-spot and short-term cargoes.