Japan attempts to bolster LNG import flexibility

By Andreas Walstad and Andrew Walker 13 July 2017
  • Twitter logo
  • LinkedIn logo
  • facebook logo
  • Email logo
Futtsu power station. Japanese LNG buyers now have a stronger negotiating position to divert cargoes. (Tepco) Futtsu power station. Japanese LNG buyers now have a stronger negotiating position to divert cargoes. (Tepco)

Japan, the world’s largest LNG importer, has stepped up efforts to boost flexibility in its LNG supply contracts. However, some tactics are likely to prove more effective than others, sources told Interfax Natural Gas Daily.

Late last month, Japan’s Fair Trade Commission (JFTC) ruled that certain destination clauses are in breach of competition law, giving buyers a stronger position to negotiate with sellers to divert and resell their LNG cargoes.  

Log in or register for a free trial to continue reading this article

Already a subscriber?

If you already have a subscription, sign in to continue reading this article.

Sign in

Not a subscriber?

To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.

Sign up