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Tokyo Electric Power Co along with three other Japanese may buy into Chevron’s Wheatstone natural gas project in Australia, media reports said. Along Mitsubishi Corp., Nippon Yusen KK and Japan Oil, Gas and Metals National Corp., TEPCO now plans to acquire a 10 percent interest in the development...
Chevron Corp has signed a preliminary agreement to sell Japan's Tohoku Electric one million tonnes of liquefied natural gas per year for 20 years, Reuters reported. The gas will come from its Wheatstone plant in Australia, Roy Krzywosinski, Chevron Austalia's managing director told reporters in Adelaide...
Russia and Japan are planning to build a gas pipeline which will supply Russian gas to the Far East nation, Gazprom said on Thursday. To discuss the issue a Japanese parliamentary delegation met with Gazprom’s Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee, Director General...
Sumitomo Corp has said it plans to ink a deal with Dominion Resources to secure LNG from its Cove Point project. Sumitomo will be joined by Tokyo Gas in buying 2.3 million metric tons of liquefied natural gas annually for 20 years. Sumitomo Corporation and Tokyo Gas have so far conducted a comprehensive...
North West Shelf LNG and Kyushu Electric Power Company have agreed a six year extension on an existing supply deal. As per the new deal, North West Shelf will supply an additional 5 million tonnes of LNG to Kyushu Electric until March 2023. Kyushu Electric Power Company has been a major customer of...
Tokyo Gas has been focusing its search for additional liquefied natural gas on unconventional sources including coal-bed methane and shale gas in a bid to reduce the prices it pays for LNG under long-term contracts, Dow Jones said in a report. Tokyo Gas has already planned intake under a long-term contract...
Brunai LNG has renewed a deal with Tepco, Osaka Gas and Tokyo Gas for supply of 3.4 million metric tonnes of liquefied natural gas (LNG) per year, for the next 10 years beginning April 2013. As per the new deal, Tepco will get 2.03 million mt, 1 million mt for Tokyo Gas and 370,000 mt for Osaka Gas.
The Japanese government and industry are under growing pressure to find new suppliers of liquefied natural gas (LNG), to procure the fuel jointly with other countries and to buy stakes in overseas gas fields to ensure stable supplies at lower prices. Higher price As Japan grows more dependent on LNG...
A consortium of Japanese natural gas companies agreed to examine investments needed for an LNG plant with the Russians, energy company Gazprom said. UPI reported Tuesday that Alexei Miller, the chief executive at Russia's Gazprom, met with a Japanese delegation led by Ichiro Takahara, director general...
JX Nippon Oil & Energy has signed a deal to buy 3.4m tonnes of liquefied natural gas (LNG) over 17 years from Shell Eastern Trading. Shell Eastern Trading is a Singapore-based subsidiary of Anglo-Dutch energy major Shell. Under the deal, JX Nippon Oil will receive three LNG cargoes...