Jera is set to sign an LNG sales-and-purchase agreement that will not include a destination clause as it looks to replace long-term deals, according to Reuters.
The company’s long-term LNG supply contracts with Malaysia, Abu Dhabi and Qatar are set to expire in 2018, 2019 and 2021 respectively.
They represent a sizeable portion of its LNG imports.
Destination restrictions in these contracts will not be renewed automatically and will need to abide by the recommendations that the Japan Fair Trade Commission published...
- You have reached an article available exclusively to subscribers
- Stay informed with exclusive, accurate and up-to-date energy news, analysis and intelligence. Sign up for 7-day trial access to this and more premium content. It's free!
- Get a free trial Already a subscriber? Sign in