Sept 2 (LNGJ) - Tokyo Gas, the utility and LNG importer, has formally launched TG Global Trading to lead the further development of the group’s liquefied natural gas trade activities.
“TGT regards the global LNG demand growth centred in Asia and increased liquidity of the market as an opportunity to expand LNG trading by maximizing and optimizing assets such as storage tanks, LNG vessels and sales and purchase agreements,” said the company. Tokyo Gas has set the goal of expanding its LNG transaction volumes to 20 million tonnes and its traded volumes by 5 million tonnes per annum by 2030.
