Anew source of pressure in Asian LNG pricing dynamics has emerged with the mid-September launch of an over-the-counter (OTC) LNG exchange in Japan, Qatar’s largest LNG buyer.

The Japan OTC Exchange (JOE), the country’s first LNG trading exchange, began non-deliverable LNG forward trading on 12 September – just a day after receiving approval from Japan’s Ministry of Economy, Trade and Industry (METI). (CONTINUED - 773 WORDS)