Toho Gas in U.S. LNG Deal

Toho Gas of Japan said it has entered into a 20-year deal with Mitsui to buy four LNG cargoes per year (about 300,000 tons of LNG per annum) from the U.S. Cameron liquefaction project.

Sempra Energy, the developer of the LNG export project, obtained approval from the U.S. Department of Energy (DOE) to export up to 12 Mtpa of LNG to all current and future Free Trade Agreement countries and has an application pending before the DOE to export LNG to non-Free Trade Agreement countries, including those in Europe and Asia.

The completed liquefaction facility will be comprised of three liquefaction trains with a nameplate of 4.5 Mtpa of capacity each.

Construction on the project is planned to start in 2014 with the facility expected to begin delivering LNG to international markets in 2017.

[mappress]

LNG World News Staff, January 30, 2014; Image: Sempra