Japanese firms hesitant to buy Mozambique LNG, exec says

06/14/2013 | Bloomberg

Japanese customers are hesitant to sign deals to purchase fuel from Anadarko Petroleum's proposed liquefied natural gas facility in Mozambique because of uncertainties in Japan's power policies, said Scott Moore, Anadarko's vice president of marketing. "They're very interested in adding Mozambique to their portfolios and they have a number of really policy-driven uncertainties that impact their view of their future," Moore said. Buyers are also waiting for the Obama administration to clarify rules on U.S. gas exports to Japan, he added.

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