🚢Tokyo Gas: Accepting Liquefied Natural Gas (LNG) from Cove Point LNG Project
~ Japan’s first long-term contract LNG acceptance from Shale gas in the United States ~
TOKYO GAS CO., LTD. (President: Takafumi Uchida, hereinafter “Tokyo Gas”) announced today that LNG was accepted at Tokyo Gas Negishi LNG base (Yokohama city, Kanagawa prefecture) . – Liquefied natural gas (hereinafter “LNG”) : produced at the Covepoint LNG Project in Maryland State.
Acceptance of LNG derived from US shale gas based on long-term contract will be the first in Japan.
At this project, Tokyo Gas is responsible for liquefaction process consignment and LNG sales through cooperating company ST Cove Point Co., Ltd. with Sumitomo Corporation (President: Masayuki Hyodo), and is liquefied LNG about 2.3 million tons / We will purchase approximately 1.4 million tons / year within the year.
— Translated by TokioX —