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Japan’s Toho agrees to import US natural gas from Cameron LNG project

01.31.2014  | 

Japanese firm Toho revealed that it had reached a deal to buy 300,000 tpy of LNG over a 20-year period once the project starts. The Cameron LNG project in Louisiana is run by Sempra Energy.

Keywords:

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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