Japan will need additional LNG over the next 20 years but the world’s number-one customer is not prepared to pay more than other buyers to secure those volumes.After confirming the Cabinet’s shock decision to phase out all nuclear power plants by the 2030s, Industry Minister Yukio Edano told an industry meeting this week the government will look into the creation of an LNG futures market in a bid to balance out pricing.Edano
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Leader: Japan is ready to stand its ground
Country is hungry for LNG but wants feeding on equal terms.
21 September 2012 13:51 GMT
Updated
21 September 2012 13:51 GMT
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