Tokyo Electric Power Co.(Tepco)appears to be angling to keep LNG costs down as some of its cheapest long-term supply deals start to fray at die same time that global LNG markets are again softening.Part of die maneuvering room may come from its 1.5 million ton per year purchase contract widi Russia's Far Eastern Sakhalin-2 project,negotiated with then-project manager Royal Dutch Shell in 2004-05,an earlier period of market weakness in which Tepco and other Sakhalin buyers reportedly landed relatively attractive terms(WGI Feb.l6'06,p6).
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