Japan’s JX to Buy 60,000 Tons of LNG in Spot Market
JX Nippon Oil & Energy Corp said on Friday it would buy 60,000 tons of liquefied natural gas (LNG) on the spot market, aiming to expand sales in a domestic market shifting away from costlier and more polluting oil. This would be the second attempt by JX Nippon Oil, Japan's top refiner, to buy LNG via a spot contract. Its first purchase was earlier this year, moving into a market dominated by power and g ...
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