Asian buyers sweat on a shale gas solution

The high cost of oil-linked LNG contracts have become a burden for Japan and other Asian countries, but a shift to contracts linked to US shale gas could bring prices down and revolutionise the market.

The tension between LNG producers and their Asian customers continues to rise, with Japan’s Economy, Trade and Industry minister, Toshimitsu Motegi, telling a conference in Tokyo today that Japan would work with other customer nations to reduce prices and announcing that Japan would work with India to form a multilateral buyers group.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles