Japan’s Toho agrees to import US natural gas from Cameron LNG project
1/31/2014 12:00:00 AM
Toho Gas has entered into an agreement with fellow Japanese company Mitsui to purchase LNG from the Cameron LNG project in the US.
Toho revealed that it had reached a deal to buy 300,000 tpy of LNG over a 20-year period once the project starts.
Last year, Mitsui agreed to buy 4 MMtpa of gas from Cameron LNG and acquire 16.6% equity in the existing import and re-gasification facilities as well as the liquefaction project.
Sempra Energy is building the 12 MMtpa LNG terminal on the Louisiana coast, which will consist of three 4 MMtpa trains.
The project is currently scheduled for start up in the second half of 2017.
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