Tokyo Gas negotiating LNG contract renewals and revisions

By Staff reporter 13 July 2017

Tokyo Gas is in negotiations to renew a number of its LNG supply contracts that are set to end in the coming years and will revise existing contracts to obtain greater flexibility and lower prices, according to Reuters.

The investigation by Japan’s Fair Trade Commission into the legality of destination clauses has helped clarify what is acceptable under Japanese law and will give Tokyo Gas a stronger negotiating position.

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