Japan Asks LNG Importers to Seek Long-Term Deals in Energy Security Push ...Middle East

The Japanese government has asked the country’s LNG buyers to seek long-term supply deals as the G7 member heavily dependent on energy imports looks to enhance its energy security. Japan’s Ministry of Economy, Trade, and Industry has urged the signing of long-term supply contracts during meetings with domestic LNG importers and foreign exporters, sources familiar with the talks have told Bloomberg. Japan is thus looking to reduce its exposure to possible harsher sanctions on Russian LNG and fresh energy price shocks, according to Bloomberg’s…

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