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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessJapan Considers Strategic LNG Reserve
Japan’s government is considering creating a strategic reserve of LNG to build resilience against tight future global supplies.
- The proposal is for authorities to support local companies to buy excess supply for energy security. In an emergency the trade ministry would order the sale of volumes to domestic firms rather than overseas.
- The government will propose a plan where sellers will receive financial support for loss making sales from a fund set up within state owned Japan Organization for Metals and Energy Security (JOGMEC). If the seller profits from the sale the money will be returned to JOGMEC.
- The suggested aim is for at least one cargo a month from Dec to Feb each year and a long term target of a strategic buffer of 12 cargoes.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.