TOKYO -- The Japanese government will insure bank loans used to procure liquified natural gas under short-term contracts, Nikkei has learned, offering assistance to help businesses secure the key resource.
Energy
Japan to insure bank loans for LNG procurement
Insurance will cover SMBC's lending to JERA Singapore unit
Japanese companies are switching to short-term contracts for LNG procurement. (Photo by Ryosuke Hanafusa)
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