Skip to main content

Japan planning deal with US

Published by
LNG Industry,


Bloomberg are reporting that Japan is planning to sign an agreement to promote American LNG exports during US Energy Secretary Rick Perry’s visit to Tokyo, which started this week, according to people familiar with the plans.

The agreement covers Japan developing markets in Asia to sell LNG sourced from the US.

Japan is seeking to develop new outlets for gas consumption in Asia as the world’s biggest importer of LNG is seen oversupplied after committing to numerous export projects, including in the US Companies including Japan’s Jera Company have also signed deals to resell the super-chilled fuel amid demand uncertainty at home.

The US signed a deal with China last month to encourage that country’s investments and purchases of American gas.

Read the article online at: https://www.lngindustry.com/liquefaction/01062017/japan-planning-deal-with-us/

You might also like

 InEight

[WEBINAR] Why Risk-Adjusted Project Forecasting Is Becoming the New Norm

This webinar will walk the audience through a methodology for developing risk-adjusted plans, leveraging remote collaboration techniques for disparate and socially distanced teams. This next-generation risk management approach is already proving itself on numerous oil and gas CAPEX projects. Find out why InEight expects the trend of risk-adjusted scheduling adoption to continue. Register for free today »

 
 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

US LNG news Japan LNG news


 

LNG Industry is not responsible for the content of external internet sites.