Free Trial

Japanese Utilities to See Impact If US LNG Pause is Long-Term


Japanese electric utilities will not be affected in the short-term by the US’ pause on new LNG export permits, but may face issues if the halt becomes long-term, according to Reuters.

  • The Biden administration paused approvals for applications to export LNG to review the economic and climate impact of new projects.
  • Kazuhiro Ikebe, chairman of Japan's federation of electric utilities, said that the move will have limited impact on LNG procurement among Japanese companies as projects which already hold permits are unaffected.
  • However, he also warned that a long-term pause would have a major impact on global LNG supply and demand, Reuters reported.
  • Japan is the world’s second-largest LNG importer after China.

To read the full story



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.