4 May 2024
Japan banning LNG destination clauses would not shake market – experts
Publication date: 19 July 2016
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A potential ban on destination clauses in LNG contracts signed by Japanese buyers would not significantly affect global trade or the Japanese market, experts told Gas Matters Today on Tuesday.
The impact of any such ban would be muted, as restrictive destination clauses designed to stop buyers re-selling or diverting cargoes are already being phased out in many Asian contracts.