Japanese LNG import prices – are alternatives to JCC evolving?
The question of whether alternatives to JCC are evolving in the Japanese LNG market is important because the answer can make a fundamental difference not only in Japan but also elsewhere in Asia. This article discusses the problems of the current pricing regime and then examines LNG market condition...
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| Format: | Journal article |
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Oxford Institute for Energy Studies
2015
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| Sumari: | The question of whether alternatives to JCC are evolving in the Japanese LNG market is important because the answer can make a fundamental difference not only in Japan but also elsewhere in Asia. This article discusses the problems of the current pricing regime and then examines LNG market conditions (including the supply–demand balance in Asia, and the benefits of, and constraints on, developing alternative pricing mechanisms). The conclusion assesses the possible future direction of LNG pricing in the Pacific Basin. |
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