The U.S. government reportedly is set to lift the embargo of shale gas to Japan as early as next...

|By:, SA News Editor

The U.S. government reportedly is set to lift the embargo of shale gas to Japan as early as next month, giving conditional approval and then proceeding to examine Japanese companies and their shale gas projects on a case-by-case basis. Japan's LNG imports have been rising since the 2011 Fukushima nuclear plant disaster, and U.S. LNG prices have been falling due to the sharp rise in shale gas output.