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Onset of hub-based Asian LNG pricing likely to be slow

LNG importers hoping for quick move to flexible pricing mechanisms will be disappointed, say market participants

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LNG importers seeking better deal

Market participants are doubtful that a swift move to hub-based liquefied natural gas (LNG) pricing is in the offing in Asia, despite a recent clamour from big LNG buyers complaining about the high premiums and inflexible terms they face.

On September 9, representatives from the Japanese and Indian trade ministries said they would support the formation of a multilateral joint study group on LNG

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