Japan's Tohoku Electric to buy Mozambique LNG
Published by Will Owen,
Editor
LNG Industry,
According to Reuters, Japan’s Tohoku Electric Power Co. have signed a basic agreement to buy around 280 000 tpy of LNG from Mozambique LNG project for 15 years from the start of the project’s production in the early 2020s.
It is reported that the cargoes will be bought on a delivered ex ship (DES) basis.
The deal marks the first long term purchase of LNG from continental Africa for Tohoku Electric.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/18122017/japans-tohoku-electric-to-buy-mozambique-lng/
You might also like
EIA: US natural gas trade will continue to grow with the start-up of new LNG export projects
The U.S. Energy Information Administration’s recently released Short-Term Energy Outlook forecasts that US LNG exports will continue to lead growth in US natural gas trade as three LNG export projects currently under construction start operations and ramp up to full production by the end of 2025.