The Japan Bank for International Cooperation (JBIC) has signed a US$1 billion loan agreement to help finance the Scarborough Gas Project in Western Australia to provide feed-gas supplies for the Train II development at Pluto LNG operated by Woodside Energy.
Inpex Corp., the Japanese developer of the Ichthys LNG export project in Australia, has turned its mind again to finding natural gas resources onshore Japan by starting exploratory drilling operations at the Minami-Nagaoka Gas Field in Niigata Prefecture.
Japan Petroleum Exploration (Japex), which operates the main LNG import terminal in Japan’s Fukushima Prefecture and has a stake in an LNG receiving terminal in the Vietnamese port city of Haiphong, said it was also planning to expand its shale oil and gas interests in the US.