Japan Eyes LNG from 3 U.S. Terminals

Japan is in talks to buy a part of the combined 30 million mt a year of LNG from Cameron in Louisiana, Cove Point in Maryland and Freeport terminal in Texas, Bloomberg reported, citing Hisayoshi Ando, director general of natural resources and fuel at the country’s trade ministry.

“Japan is facing an unprecedented crisis,” he said.

“We are asking the U.S. to consider our circumstances and allow Japan to import from terminals from the U.S. mainland,” he added.

Japan’s LNG imports reached 8.15 million mt in January, a rise of 28.2 percent compared to a year earlier.

The country’s monthly LNG imports have been rising steadily year on year, due to the devastating earthquake and tsunami in March 2011.

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LNG World News Staff, March 1, 2012; Image: Dominion