Japanese trading houses Mitsui & Co., Itochu Corp. and electricity firm Jera Co. have broadly agreed with the government of Oman to import over 2 million tons of liquefied natural gas a year from the Middle East country, Japanese government sources say.
Some of the Japanese utilities that have been purchasing liquefied natural gas from Russia Sakhalin 2 oil and gas project are considering renewing their contracts with the new operator that Moscow set up earlier this month after taking control of the project, sources familiar with the matter say.
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