Qatar Petroleum (QP) has moved quickly to inform Jera, its biggest Japanese LNG buyer, that Qatari supplies will not be interrupted by the escalation of tensions in the Gulf. But QP’s message to Jera had as much to do with the long-standing battle between Doha and Tokyo over LNG contract terms as reassuring its largest Asian customer.
As tensions between QP and Jera have mounted, undiplomatic language has replaced the placid phrases typical of most LNG supplier-customer relationships.
With a number of its LNG contracts coming up...
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