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Japanese importers do double take on not-so-cheap US shale gas

Post-Fukushima disaster investments not going as planned

A shipment of LNG from the U.S. arrives at Chubu Electric Power's Joetsu thermal power station in Niigata Prefecture in January.

TOKYO -- Expectations are high for U.S. shale gas-based liquefied natural gas, which has started flowing into Japan. Traders hope the unconventionally produced gas might become a game changer as it could help diversify suppliers and allow for more flexible terms. The problem? The product is not as cheap as expected. 

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