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Tag Archives: 2011 Fukushima disaster

Japan’s heavyweight LNG buyers wrestle more flexible deals from suppliers

Japan’s liquefied natural gas (LNG) buyers are upending the traditional practices of the market, using their leverage as the world’s biggest buyers of the fuel to wrestle concessions for more flexible terms. Japan’s electric utilities have won provisions that will allow them to divert contracted LNG cargoes if they restart their nuclear reactors, most of which have been shut since ...

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