Japanese LNG imports plunge with more cargoes in storage and competition from thermal coal and nuclear
Japanese liquefied natural gas imports plunged by more than 20 percent in June from the same month last year while half-year imports fell 13 percent with more competition coming from thermal coal and nuclear and more gas storage being built earlier in 2023 as prices declined.
Japanese LNG importer JERA prepares for tightest summer season in several years in power market
JERA Co. Inc., the Japanese LNG buyer of 35 million tonnes per annum of volumes and with control of a fleet of 20 LNG carriers, has drawn up measures to address supply and demand issues in Japan through the Northern Hemisphere summer season.
LNG importer Tokyo Gas completes gas pipeline to link up four import terminals amid storage expansion
Tokyo Gas, the second-largest Japanese liquefied natural gas importer, has completed construction of a high-pressure pipeline called the Ibaraki Line to complete the mutual back-up system between four LNG import terminals as the Hitachi facility has also expanded storage.
Wison LNG tanks deal
Sept 10 (LNGJ) - Wison Heavy Industry Co. of Nantong in China has signed an agreement with Japan Marine United Corp. (JMU) which allows the Chinese company’s subsidiary Wison Offshore & Marine to manufacture and market JMU’s self-supporting, prismatic-shape IMO type B (SPB) LNG tank containment system.
“Together, we will provide a customized, cost-saving solution for LNG storage,” said the companies. “This SPB technology owned by JMU is well known for its LNG storage reliability and robustness since its development by IHI Corp (Japan) in the 1980s,” they added.
