Hiroshima Gas to buy LNG from Osaka Gas

Hiroshima Gas to buy LNG from Osaka Gas

Japanese companies Hiroshima Gas and Osaka Gas signed a 15-year sale and purchase agreement for 50 000-130 000 mt/year of LNG starting 2016.

Both utilities agreed that a portion of LNG purchased by Osaka Gas will be delivered ex-ship to Hiroshima gas until March 2031.

“We believe the expansion of procurement sources would lead to stable LNG supply and would help us cope with future growth in demand,” Hiroshima Gas said in a statement.

 

LNG World News Staff, July 31, 2014; Image: Osaka Gas