LNG

UK energy company and utility Centrica has teamed up with Japanese utility Tokyo Gas to sign a preliminary deal to purchase LNG volumes from the onshore Mozambique export project in southeast Africa being developed by Anadarko Petroleum of the US and joint venture partners.

Japan’s influential Ministry of Economy, Trade and Industry has published a 20-page report summing up the latest views of the major players on the state and direction of the liquefied natural gas industry in 2017 and beyond.

Tokyo Electric Power Co., and Tokyo Gas, the first and third biggest liquefied natural gas users, will enter completion in the metropolitan city-gas retail market in July 2017, a move that will affect the Japan-bound LNG cargo market.

Sept 27 (LNGJ) - Japanese company Jera Co Inc., a joint venture between Tokyo Electric Power and Chubu Electric who have annual LNG purchases amounting to 40 million tonnes, has made its trading debut by agreeing to deliver its first cargo outside of Japan. According to traders, Jera has agreed to sell on supplies of Indonesian LNG to the South Korean Kwangyang import terminal, operated by steelmaker Posco, with a delivery date some time in December.