Japex starts construction of LNG terminal

Japan Petroleum Exploration Co. Ltd (Japex) has started the construction of an LNG terminal in Shinchi Town, Fukushima Prefecture (Soma Port).

Japex is also preparing to construct a connecting pipeline to convey vaporised LNG from the terminal to its main trunk pipeline.

The company is supplying natural gas produced domestically in the Niigata, Yamagata and Akita prefectures, as well as vaporised LNG received from overseas, to users in the production areas and to those in other areas through its pipeline network, which includes the Niigata-Sendai Pipeline and Shiroishi-Koriyama Pipeline.

Japex is also supplying LNG in liquid form to users through LNG satellite stations utilising freight containers and tank trucks.

The completion of the new LNG terminal and pipeline will help establish a robust energy network that is able to ensure stable natural gas supply as well as security in emergencies.

Japex has acquired a 10% interest in a natural gas development and production project in British Columbia, Canada, and a 10% interest in the Canada Pacific NorthWest LNG Project.

The project partners are working toward beginning operation at the liquefaction plant by the end of 2018. Under this project, Japex will offtake 10% (1.2 million t) of the LNG at the plant (approximately 12 million tpa) and use it as one of the LNG sources to be received at the Soma LNG receiving terminal, which will be put into operation in March 2018.

Adapted from press release by Callum O'Reilly

Read the article online at: https://www.lngindustry.com/regasification/14112014/japex-starts-construction-of-lng-terminal-1790/