• Bloomberg

  • SHARE

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.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW