The low caloric LNG, which didn't meet the gas interchangeability of Korea, has been imported from 2005 winter season. Amount of this LNG imports has been increased from year to year. In the near future, very low caloric LNG (calorific value ≤ 9,500 kcal/Nm3) such as CBM, Shale LNG will be imported large amounts. For this reason, we need a method for monitoring live calorific values(CV) of LNG in each storage tank to supply gasified LNG with interchangeable CV at LNG receiving terminal. This study was conducted to develope the method for measuring the live CVs of LNG in each storage tank using LNG densitometer. For this purpose, the accurate correlation between CV and density of LNG was derived and the uncertainty of this method was evaluated and also the measuring system for CVs was constructed at LNG receiving terminal. To verify this method, the results of measurement using this method were compared with the field data of LNG analysis and the results showed that the deviations were 0.17~0.47%.