Apr 26, 2012 9:32 PM
Henry Hub futures rose 4.8 percent to $2.134 per million British thermal units as of 12:29 a.m. in New York. Japan, which has just one of its 54 nuclear reactors in operation since a March 2011 meltdown at its Fukushima Dai-Ichi plant, paid about $18.85 per million Btu in the first 11 months of last year, according to finance ministry data. At current U.S. prices, the Japanese partners will be able to sell their contracted LNG in the domestic market at less than $10 per million Btu, Kunio Nohata, senior general manager at Tokyo Gas, told reporters in Tokyo today.
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