• Bloomberg


Japanese importers of liquefied natural gas may have to pay an extra $3.5 billion to suppliers after fuel prices rose more than expected over the past four years, according to an official involved in the contract talks.

Tokyo Electric Power Co. set aside $371 million to cover the higher costs for the year ending March 31. Osaka Gas Co. spokesman Toru Kinukawa said the utility may owe money to suppliers.

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