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Japan regulator to brief on probe into LNG trading

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LNG Industry,

According to the latest Reuters report, Japan's Fair Trade Commission (JFTC) has announced that it will brief on its probe into LNG trading practices on 28 June.

The commission late last year ordered the country's LNG buyers to provide details on contract requirements that prevent them from reselling the fuel to third parties.

Markets have been waiting to hear from the powerful anti-monopoly regulator on an investigation into whether so-called destination clauses limit competition, which could lead to billions of dollars of LNG contracts being renegotiated. 

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