Bloomberg News

Japan’s April LNG Imports Rise 14.9%; Oil Purchases Gain 12.9%

May 22, 2012

Japan’s liquefied natural gas imports rose 14.9 percent in April from a year earlier while crude purchases advanced 12.9 percent, according to the finance ministry.

LNG shipments from overseas climbed to 6.91 million metric tons, the ministry said in a preliminary report today. Imports of crude were 19.16 million kiloliters, or 4 million barrels a day, the data showed.

Utilities increased thermal power output by 45 percent in April to compensate for a drop in nuclear generation, according to data released May 16 by the Federation of Electric Power Companies of Japan. The average utilization rate for atomic plants was at 2 percent in the month, down from 51 percent a year earlier.

The following table shows Japan’s imports of crude, oil products, gas and coal for April:

=============================================================
                                         Year-on-Year Change
Crude oil           19.157                         12.9%
Gasoline, Naphtha    2.057                        -19.0%
LNG                 6.906                         14.9%
LPG                 1.156                          7.7%
Coal               12.574                         -2.5%
 (Thermal Coal)     7.068                          7.0%
==============================================================

Note: Crude oil and gasoline are in millions of kiloliters. LNG, liquefied petroleum gas and coal are in millions of tons.

To contact the reporter on this story: Jacob Adelman in Tokyo at jadelman1@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net


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