(EnergyAsia, November 22 2013, Friday) — Japan is looking to develop a futures market and a new pricing system to try contain the rising cost of its liquefied natural gas (LNG) imports. With producing countries unwilling to amend supply contract terms despite its numerous pleas, Japan has been paying an average five times more for…
JAPAN: Government backs plans for first LNG futures contract, new pricing system
Posted on November 22, 2013 by EnergyAsia