LNG

JGC Holdings Corp., the leading Japanese LNG and energy engineering company, posted an annual loss mainly because of impairments relating to the Ichthys LNG export project near Darwin in the Northern Territory of Australia, though is upbeat on the coming LNG boom.

JGC Holdings Corp., the Japanese energy and LNG engineering group whose current work includes the LNG Canada project and the Coral South floating LNG venture offshore Mozambique, posted lower net sales in the past fiscal year, though adjusted profits increased as it forecast a sector upsurge.