LNG

May 30 (LNGJ) - The South Korean Energy Ministry said it was finalising the wording of a memorandum of understanding reached with China and Japan on strengthening cooperation on liquefied natural gas, including support from the three nations on the eventual removal of strict destination clauses. South Korea imports most of its LNG under long-term contracts that include destination restrictions forbidding the resale of cargoes to other countries by Korean companies.