Tohoku Electric Power Co. has released a tender to purchase a shipment of liquefied natural gas with a clause requesting that the cargo not come from Russia, in what may be the first LNG tender to specifically ban the pariah state.
The utility is seeking a spot LNG cargo for April to May delivery with loading ports excluding Russia, according to traders with knowledge of the matter. The company is in need of more LNG as an earthquake last week knocked offline a coal-fired power plant, boosting its dependence on gas generation.
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