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News - Japan

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Tokyo Gas, KEPCO Form LNG Partnership

Tokyo Gas on Monday said it will partner Kansai Electric Power (KEPCO) to jointly procure LNG. The partnership will provide flexibility to ably respond to changes in supply and demand and market conditions and help make stable procurement of LNG at competitive prices, the two firms said. The decision...

Mitsui & Co to Liquidate LNG Unit

Mitsui & Co. on Thursday said it will liquidate its LNG unit, Mitsui & Co. LNG Investment Limited (MITLI). MITLI has transferred its holdings in LNG projects to Mitsui. The status of MITLI has changed from a consolidated subsidiary to an unconsolidated subsidiary as a result of reduction in...

Tokyo Gas Completes Hitachi LNG Terminal

Tokyo Gas has completed construction of Hitachi LNG terminal in Hitachi Port area and started operations. The company has also begun using Ibaraki-Tochigi line, newly constructed high pressure trunk line, Tokyo Gas said in a statement Friday. The LNG terminal is equipped with a 230,000-kilolitre LNG...

Chevron Ships First Gorgon Cargo To Japan

US giant Chevron announced that the first cargo from its US$54bn Gorgon LNG complex departed Barrow Island in northwest Australia early on March 21 local time aboard the tanker Asia Excellence. The cargo will be delivered to one of Chevron's foundation buyers, Chubu Electric, for delivery into Japan...

Greater Caspian Weekly Overview (on NGE)