Japan LNG news

Japan Petroleum Exploration Co., Ltd, JGC Holdings Corporation, Kawasaki Kisen Kaisha, ltd, and JFE Steel Corporation team up in joint evaluation to establish a carbon capture and storage value chain originated in Japan, aligning with joint study in Malaysia.

Venture Global LNG has announced the execution of a long-term sales and purchase agreement with JERA Co., Inc. for the sale of 1 million tpy of LNG from CP2 LNG for 20 years.

A study by Future Energy Exports Cooperative Research Centre has confirmed the potential for LNG and its infrastructure to act as an accelerator for the emerging global hydrogen economy.

Mitsui O.S.K. Lines, Ltd, MOL Ferry Co., Ltd, Japan Petroleum Exploration Co., Ltd and Hokkaido Gas Co., Ltd have announced that basic agreements were signed between MOL and JAPEX, and MOL and Hokkaido Gas for supply of LNG fuel to two LNG-fuelled ferries.

Mitsui O.S.K. Lines, Ltd, Ferry Sunflower Ltd, and Kyushu Electric Power Co., Inc. have announced that the Sunflower Kurenai has received its first LNG fuel supply at the Port of Beppu in Oita Prefecture.

Woodside Energy and the Japan Bank for International Cooperation have signed a memorandum of understanding aimed at securing a stable supply of energy for Japan and to assist in achieving its decarbonisation goals.

An average of 49.0 billion ft3/d of LNG was traded globally during 2021, an increase of 2.2 billion ft3/d from 2020, according to The LNG Industry GIIGNL Annual Report 2022.

Shell has signed separate non-binding Memorandums of Understanding with its long-standing LNG buyers Tokyo Gas and Osaka Gas.

The LNG bunkering vessel, which is planned to be completed in March 2024, will become the first to operate in West Japan.

ClassNK has issued an approval in principle for a methane oxidation catalyst designed for LNG-fuelled engines.