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Japan builds energy hub to tap US shale gas revolution

Minister calls for more flexible contracts to usher in an era of cheap energy in Asia

Mr Miyazawa says easing of destination clauses will make markets more flexible, enhance energy security


THE shale gas "revolution will finally cross the Pacific Ocean" from 2016 with US exports of liquefied natural gas (LNG) beginning to reach Asia, bringing the promise of a new era of cheaper fuel, Minister of Economy Trade and Industry Yoichi Miyazawa predicted in Tokyo on Thursday