Japan LNG news
Toshiba will resume the sale process of its US LNG business
Toshiba Corp. has announced that plans for its US LNG business to be sold to China’s ENN have been scrapped.
JERA signs purchase agreement with LNG Canada project
JERA has signed an agreement with Mitsubishi Corp for 16 cargoes of LNG from the LNG Canada project.
Tokyo Gas and Shell sign LNG purchase deal
Tokyo Gas and Royal Dutch Shell have signed a Heads of Agreement for a purchase of LNG.
Commonwealth LNG calls for ‘greater innovation’
The CEO for Commonwealth LNG recently spoke in Japan about the need for innovation in designing and building future LNG liquefaction plants.
Asian LNG prices now below US$5.00
Asian LNG spot prices have now broken the US$5.00 per million Btu mark, a result of a lack of growth in demand and continued high levels of supply.
Japan spot LNG contract price falls to lowest level in 18 months
According to Reuters, data released by Japan’s Ministry of Economy, Trade and Industry has shown that the average contract price for spot LNG cargoes delivered to Japan in February this year fell to its lowest level since September 2017.
MOL holds delivery ceremony for LNG-fuelled tugboat
Mitsui O.S.K. Lines has announced the delivery of the LNG-fuelled tugboat it ordered from Kanagawa Dockyard.
Asian LNG spot price decline continues
Asian LNG spot prices have continued to decline, as inconsistent demand is yet to make a dent in the oversupplied state of the market.
Asian LNG spot prices hit new low
Asian LNG spot prices have continued their steady decline, reaching a 17 month low.
Toyoda Gosei installs LNG equipment at its Seto plant
Toyoda Gosei Co. Ltd has announced that it has installed LNG heating and cooling equipment at its Seto plant, which manufactures automobile interior and exterior products.