Transcription of Strategy for LNG Market Development
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Strategy for LNG Market Development
Strategy for LNG Market Development Creating flexible LNG Market and Developing an LNG Trading Hub in Japan May 2, 2016. Ministry of Economy, Trade and Industry Government of Japan -1- 1. Introduction Liquefied natural gas (LNG) is a significant traded commodity with the second largest annual trade value of more than 150 billion dollars, following that of crude oil. Tokyo Gas Company and Tokyo Electric Power Company first started importing LNG from Alaska in 1969, and Japanese utility companies have led the Development of an LNG Market around the world. Japan is now the world's largest consumer of LNG, importing approximately 89.
- 1 - Strategy for LNG Market Development . Creating flexible LNG Market . and . Developing an LNG Trading Hub in Japan . May 2, 2016 Ministry of Economy, Trade and Industry
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