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Japan and Korea LNG procurement - Searching for clarity

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06 September 2013

Japan and Korea LNG procurement - Searching for clarity

Report summary

While the governments of Japan and South Korea are actively promoting greater competition between new LNG suppliers to encourage lower priced LNG, uncertainty regarding nuclear generation and market liberalisation may have the opposite effect. Cautious buyers in both markets are procuring only the LNG they are assured they will need, while new entrants are seeking regulatory clarity before committing to offtake. This could result in less new LNG supply being developed, forcing continued...

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