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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.
LNG
Japan’s natural gas buyers are in talks to agree new LNG supply contracts with Qatar, driven by energy security concerns according to people with knowledge of the matter.
- Prime Minister Fumio Kishida plans to go to Qatar this month, the first visit in ten years by a Japanese premier.
- Qatar is planning to boost its export capacity by 60% through 2027 and is looking for new supply agreements.
- Japan has not signed a contract with Qatar since 2014, as the country was seeking more flexible suppliers. Qatar’s contracts are among the industry’s most rigid, and don’t allow for easy resale or diversion to other countries.
- Qatar is currently offering prices that the Japanese firms deem as too high, sources said.
- Japan is finding an increased need to diversify its sources of LNG imports highlighted by possible higher prices from Australia amid a change in policy and the introduction of the Safeguard Mechanism from 1 July. Japan currently sources more than 40% of its LNG from Australia.
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.
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