Ministers and business delegates from around 50 countries and regions gathered in Tokyo on Wednesday to discuss further development of the liquefied natural gas market and the latest market trends and challenges.
The LNG Producer-Consumer Conference has been hosted annually by the Japanese Ministry of Economy, Trade and Industry since 2012. It comes as the government seeks a manageable way to set LNG prices given the recent increase in imports for thermal plants in the absence of nuclear power following the 2011 Fukushima crisis.
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