
Asia: The new battleground for gas price reviews?
Sabrina Lee
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As efforts to liberalise Asia’s gas markets make for a more competitive arena, WilmerHale counsel Sabrina Lee examines disputes that may arise relating to pricing formulas under long-term supply contracts.
The Asia-Pacific region is the largest importer of liquefied natural gas (LNG), comprising 53.6% of global supply in 2016. Japan is the world’s largest LNG importer (83.3MT imported in 2016), followed by South Korea (33.7MT in 2016).
Given the high volume of imports, it is highly
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Arbitration Disputes energy enforcement Firms Japan Korea Legislation Litigation Politics Settlement Taiwan WilmerHale
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