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Nippon Steel Buys LNG At Highest Price Ever Paid In Japan

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Nippon Metal, the world’s second-largest steelmaker, has not too long ago bought a liquefied pure fuel cargo on the highest value ever paid in Japan amid rising fears of disruptions of LNG provides from Russia.

Nippon purchased an LNG cargo for supply in September at a value of $41 per million British thermal items (mmBtu), almost definitely provided by a serious buying and selling home, two buying and selling sources stated, with out giving additional particulars.
 

 

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