Tokyo Gas to celebrate 50 years of LNG amid deregulation and closer ties with UK Centrica
Tokyo Gas, the Japanese utility and leading liquefied natural gas importer, said deregulation of the industry in Japan had been a big success and LNG had a great future as the nation was set to celebrate 50 years of using the fuel in 2019.
Nymex and global platforms owner to develop LNG futures contract for US Sabine Pass plant
CME Group, the US energy and commodities derivatives market leader comprising the York Mercantile Exchange and related platforms, has reached an agreement with Cheniere Energy to develop an LNG futures contract based on physical delivery to Cheniere's Sabine Pass liquefaction and export plant on the Gulf Coast of Louisiana.
Japanese average spot LNG contract prices last month rose more than 27 percent year-on-year
Japanese government figures show that average spot liquefied natural gas cargo prices for Northeast Asia in December rose by $2.20 per million British thermal units to $10.20 per MMBtu compared with the same month a year ago.
